How long does fafsa financial aid take to get approved.?
Here is a run-down of the FAFSA timeline: You will receive a response back from the processing center in approximately 2-3 weeks from the date that you file your FAFSA. This is called a Student Aid Report (SAR). If you provided an email address on your FAFSA, you will receive this notice by email instead. Your SAR will give you a copy of all the information you submitted on your FAFSA, your Expected Family Contribution (EFC) and comments. It also tells you if you are selected for verification. If you are not selected for verification or in need of any other institutional documentation, your school will usually complete your financial aid file within 5 business days of receiving your FAFSA. You will then be sent an award letter that tells you what awards are being offered as part of your award package, and the disbursement dates for each of your awards. The date of disbursement is going to vary from school to school as some schools disburse every week, some twice a month, and some only