FAFSA & SAR

College financing from StudentLoan.com.
1. Learn what you need to get started
2. Complete the FAFSA
3. Understand the Student Aid Report (SAR)
4. Compare Award letters
5. Apply for a Loan

3. Understand the Student Aid Report (SAR)

Approximately four to six weeks after you submit the FAFSA form to the Department of Education, you will receive a Student Aid Report (SAR).

What is the SAR?
Review your SAR carefully
Correct erroneous data
Sending your SAR to more schools

What is the SAR?

A report that indicates your Expected Family Contribution (EFC) – the amount your family is expected to contribute to your college education. The EFC listed on your SAR will determine the amount of financial aid you will receive.

Each school listed on your FAFSA will also receive a copy of your SAR. The school’s Financial Aid Office will use the information contained in the SAR to determine your total financial aid package, including loan eligibility and Federal Work–Study qualification.

Once you have received your SAR, it is a good idea to check with the Financial Aid Office at the schools where you applied to ensure that they have all the documentation necessary to process your application for financial aid. Often, schools have their own forms and deadlines for applying for financial aid.

Review your SAR carefully

As soon as your SAR arrives in the mail, you should carefully review the information for possible mistakes. Compare the information listed on the SAR to your copy of the FAFSA you submitted to make sure the information matches.

Correct erroneous data

If you find incorrect information, there are three ways to correct it:

Sending your SAR to more schools

If you would like to send your SAR to more than the six schools provided on the FAFSA, there are several ways to accomplish this without spending more money: