| AwardYear: 1997-1998 Edition: PostSecondary Part: 2 - - The application process for financial aid SectionNumber: SectionTitle: Electronic Data Exchange (EDE) Services PageNumbers: 24-25 Electronic Data Exchange (EDE) Services Each part of the delivery process has an electronic equivalent, from filing a financial aid application to reporting a Federal Pell Grant payment. The services offered under EDE can significantly speed up the application, corrections, and reporting processes. EDE services are provided as a part of the Department's contract for the Title IV Wide Area Network (WAN). For more information on the WAN contact: Title IV WAN Customer Service at 1-800-615-1189. FILING AND RECEIVING APPLICATION DATA As stated previously, the EDE system provides an electronic alternative to filing a paper FAFSA. The student's EFC will be available to the school on the EDE system within three working days from the date of submission. Even if a student does file a paper FAFSA, a school that participates in EDE can receive the student's application data if that student listed the school on the FAFSA. Also, with the student's permission to use his or her Personal Identification Number (PIN), the school may request an electronic ISIR for a student who did not list the school on the FAFSA. State agencies are also able to receive student data for students residing in their state and for students who list on their applications schools in their state. Schools also have the option of receiving data on magnetic tape or cartridge, through Applicant Data Services. For more information, contact the Customer Service Department for Applicant Data Services at (319) 339-6444 between the hours of 7:00 a.m. - 7:00 p.m. (Central Time). Once the school has the student's application data, the student can make corrections electronically through EDE, instead of using Part 2 of the hard-copy SAR. REPORTING FEDERAL PELL GRANT PAYMENTS EDE also allows a school to submit Federal Pell Grant payment information electronically. (Part 3 of the SAR, the Payment Voucher, has been eliminated.) The Electronic Payment Information section allows schools to transmit and receive Federal Pell Grant payment data electronically using record and data descriptions similar to those used for Recipient Data Exchange (RDE). For more information, contact the Pell Grant User Support Hotline on (202) 708-9141 between the hours of 8:30 a.m. - 5:00 p.m. (Eastern Standard Time, or EST). Schools also have the option of submitting payment data via magnetic tape or cartridge (RDE) or PC diskette (the Floppy Disk Data Exchange). For RDE mainframe technical support and questions on rejected tapes, call (202) 708-6832 between 8:30 a.m. - 5:00 p.m. (EST). For questions on RDE participation, please call (202) 708-7725 between 7:00 a.m. - 3:30 p.m. (EST). For more information on the Floppy Disk Data Exchange, call the Pell Grant User Support Hotline on (202) 708-9141. |