ED Provides Information about Reprocessed ISIR Codes and FAFSA Communication Efforts
By Hugh T. Ferguson, NASFAA Senior Staff Reporter
In its latest electronic announcement the Department of Education (ED) provided details on codes that will appear on reprocessed ISIRs and its email campaign to contact applicants with rejected or incomplete 2024-25 FAFSAs.
According to ED an upcoming electronic announcement will provide additional information on the reprocessing codes provided on reprocessed ISIRs. Further ED plans to begin to reprocess 10% of records impacted by “FAFSA Processing System (FPS) known issues” this week. Those records will be reprocessed in small batches.
ED also noted that student corrections are now “broadly available” and an email will be sent to all applicants and their contributors “in the coming days” with 2024-25 FAFSAs that are in an “Action Required” status, i.e., their FAFSA has been rejected or started but not submitted.
According to the department the most common corrections include:
-
missing signatures or consent and approval to access federal tax data;
-
students who indicated they were only interested in unsubsidized loans; and
-
applicants who have started, but not completed their FAFSA form submission.
ED said the corrections should only take “a few minutes.” and schools should receive a new ISIR transaction within 1-3 days of the applicant’s submission of a correction.
Publication Date: 4/17/2024
You must be logged in to comment on this page.