-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 ZFqFLjXUIn0aqEjt+wqdLA==

<SEC-DOCUMENT>0001021408-02-011634.txt : 20020906
<SEC-HEADER>0001021408-02-011634.hdr.sgml : 20020906
<ACCEPTANCE-DATETIME>20020906133038
ACCESSION NUMBER:		0001021408-02-011634
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20020906

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FREQUENCY ELECTRONICS INC
		CENTRAL INDEX KEY:			0000039020
		STANDARD INDUSTRIAL CLASSIFICATION:	INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825]
		IRS NUMBER:				111986657
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-33022
		FILM NUMBER:		02758258

	BUSINESS ADDRESS:	
		STREET 1:		55 CHARLES LINDBERGH BLVD
		CITY:			MITCHEL FIELD
		STATE:			NY
		ZIP:			11553
		BUSINESS PHONE:		5167944500

	MAIL ADDRESS:	
		STREET 1:		55 CHARLES LINDBERGH BOULEVARD
		CITY:			MITCHELL FIELD
		STATE:			NY
		ZIP:			11553

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DEPRINCE RACE & ZOLLO INC
		CENTRAL INDEX KEY:			0001008894
		IRS NUMBER:				593299598
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		201 S ORANGE AVENUE
		STREET 2:		SUITE 850
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32801
		BUSINESS PHONE:		4074209903

	MAIL ADDRESS:	
		STREET 1:		201 ORANGE AVENUE
		STREET 2:		SUITE 850
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32801
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>dsc13g.txt
<DESCRIPTION>FREQUENCY ELECTRONICS
<TEXT>
<PAGE>

                                  United States
                        Security and Exchange Commission
                             Washington, D.C. 20549


                                  Schedule 13G

                        Under the Securities Act of 1934
                             (Amendment No.______ )*



                           Frequency Electronics Inc.
                           --------------------------
                                (Name of Issuer)


                                  Common Stock
                                  ------------
                         (Title of Class of Securities)


                                    358010106
                                    ---------
                                 (CUSIP Number)

                                 August 30, 2002
                                 ---------------
              Date of Event Which Requires Filing of this Statement

 Check the appropriate box to designate the rule pursuant to which this Schedule
                                   is filed:

                                [X] Rule 13d-1(b)
                                [ ] Rule 13d-1(c)
                                [ ] Rule 13d-1(d)

<PAGE>

CUSIP No.  358010106                    13G

- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
  S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON
         DePrince, Race & Zollo, Inc.
         59-3299598

- --------------------------------------------------------------------------------
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                          (a)  x
                                          (b)
- --------------------------------------------------------------------------------
3  SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

         Incorporated in the State of Florida

- --------------------------------------------------------------------------------
                  5     SOLE VOTING POWER
NUMBER OF                                 863,200
SHARES
- --------------------------------------------------------------------------------
BENEFICIALLY      6     SHARED VOTING POWER
OWNED BY                                  none
EACH
- --------------------------------------------------------------------------------
REPORTING         7     SOLE DISPOSITIVE POWER
PERSON                                    863,200
WITH
- --------------------------------------------------------------------------------
                  8     SHARED DISPOSITIVE POWER

                                          none

- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

         863,200

- --------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

         No

- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

         10.36%

- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

         IA

<PAGE>

                                  SCHEDULE 13 G

Item 1.
(a) Frequency Electronics Inc.

(b) 55 Charles Lindbergh Blvd
    Mitchel Field, NY 11553

Item 2.
(a) DePrince, Race & Zollo, Inc.

(b) 201 S. Orange Ave, Suite 850
    Orlando, FL 32801

(c) USA

(d) common stock

(e) 358010106

Item 3.
(e) X

Item 4.  Ownership
(a) 863,200 shares
(b) 10.36%
(c) (i)   863,200 shares
    (iii) 863,200 shares

Item 5.  Ownership of Five Percent or Less of a Class
N/A

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
N/A

Item 7.  Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
N/A

Item 8.  Identification and Classification of Members of the Group
N/A

Item 9.  Notice of Dissolution of Group
N/A

Item 10. Certification

By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.

                                    SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.



                                                 Date 9/5/2002

                                                 /s/ Victor A. Zollo, Jr.
                                                 ------------------------------
                                                 Victor A. Zollo, Jr., President







</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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