The Funding Year 2023 Form 471 application filing window closed as scheduled at 11:59pm Eastern time on Tuesday, February 28, 2023. In total, 34,430 Forms 471 were certified in-window, with more than one-third being certified in the last seven days. Throughout the window, the pace of Form 471 certification stayed higher than in the past two Funding Years:
FY2023 also saw a sharp reduction in the number of “last day” Forms 471 certified by applicants, with a 12% reduction in last-minute applications as compared to FY2022: