Buried in the middle of that announcement is a new procedure you need to pay attention to: this year we have a sort of storm window. This year, all entity information, including enrollments and NSLP, will be locked when the window opens. So you've got 3 weeks to make sure that you have all the correct entities in EPC, and that the entities have the correct info. How many RALs is that going to create?
Here's a little historical context:
Fund Year | FCC releases ESL | Window announced | Days passed | Window open | 60 days? | Window close | Window days |
2005 | 10/14/2004 | 11/5/2004 | 22 | 12/14/2004 | 61 | 2/17/2005 | 65 |
2006 | 11/22/2005 | 11/23/2005 | 1 | 12/6/2005 | 14 | 2/16/2006 | 72 |
2007 | 10/19/2006 | 10/20/2006 | 1 | 11/14/2006 | 26 | 2/7/2007 | 85 |
2008 | 10/19/2007 | 10/28/2007 | 9 | 11/7/2007 | 19 | 2/7/2008 | 92 |
2009 | 11/21/2008 | 11/24/2008 | 3 | 12/2/2008 | 11 | 2/12/2009 | 72 |
2010 | 12/2/2009 | 12/3/2009 | 1 | 12/3/2009 | 1 | 2/11/2010 | 70 |
2011 | 12/6/2010 | 12/10/2010 | 4 | 1/11/2011 | 36 | 3/24/2011 | 72 |
2012 | 9/28/2011 | 11/22/2011 | 55 | 1/9/2012 | 103 | 3/20/2012 | 71 |
2013 | 9/27/2012 | 11/13/2012 | 47 | 12/12/2012 | 76 | 3/14/2013 | 92 |
2014 | 10/22/2013 | 11/20/2013 | 29 | 1/9/2014 | 79 | 3/26/2014 | 76 |
2015 | 10/28/2014 | 12/19/2014 | 52 | 1/14/2015 | 78 | 3/26/2015 (ext. to 4/16/2015) |
81 (102) |
2016 | 9/11/2015 | 1/25/2016 | 136 | 2/3/2016 | 145 | 4/29/2016 (ext. to 5/26/2016)** |
86 (113) |
2017 | 9/12/2016 | 2/3/2017 | 144 | 2/27/2017 | 168 | 5/11/2017 | 73 |
Some explanations:
"Days passed" is the number of days that passed between the release of the ESL and the announcement of the window dates.
"60 days" is the number of days between the release of the ESL and the opening of the window, which should be at least 60 days per the Third Report and Order.
"Window days" is the number of days that the window is open.
This year's timing is similar to last year's unprecedented timing, just pushed back a couple of weeks to fit in the "pre-window" entity correction window. (And last year's got pushed back further during the window.)
*Edith Wharton
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