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I received my Student Aid Report (SAR) and there is an asterisk (*) by my Estimated Family Contribution (EFC). What does that mean?

April 26, 2017aid Asterisk contribution EFC estimated family received report SAR student

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I received my Student Aid Report (SAR) and there is an asterisk (*) by my Estimated Family Contribution (EFC). What does that mean?

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It means that the Department of Education has selected you for a process called verification. They require that you provide the college with all the documents you used to complete your FAFSA. Verification ensures that the information you reported on the FAFSA is accurate. Colleges will not consider you for financial aid until you have provided the requested documents. Our staff will complete the verification paperwork for you and make copies of all the documents we used to complete your FAFSA to take to the college to comply with the verification process.