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Friday, October 14, 2016

Early FAFSA submission stats

Starting this year, students and families could submit their Free Application for Student Financial Aid (FAFSA) starting on October 1 instead of January 1. Most of the OSF staff thought there would just be a trickle of FAFSAs submitted in the first few days of early submission. However, to OSF’s surprise, in the first import of FAFSA data there were 2,464 files for the Twin Cities campus (of which we were able to load 389). As a matter of practice this data is only loaded into PeopleSoft once the student has been admitted to the University. If students are never admitted, their information remains in a suspense file.

Along with having FAFSA data earlier than in years past, staff are busily working on getting all the associated financial aid packaging documents and processes updated to allow for earlier estimated financial aid awards for incoming new freshmen.

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