The Financial Aid Office has begun work on the 2012-2013 processing cycle and is receiving thousands of applications already for both scholarships and need-based financial aid. This year is already proving to be a challenge with all of the federal regulatory changes and the IRS data retrieval tool, and we are anxiously waiting to hear the outcome of the state budget decisions. Our target is to send first awards out in early to mid-April to new students. At the same time, we are continuing to process aid for the current year and will be working on the implementation of our summer session aid processing shortly.