What to do with the Student Aid Report (SAR)?
Four weeks after sending in a Free Application for Federal Student Aid (FAFSA), a Student Aid Report (SAR) will arrive in your mail box. Many students and parents are confused by this report as it tells you very little and seems to repeat the FAFSA data you just submitted. While instructions are provided with the SAR they can be confusing. The purpose of the SAR is to confirm your answers on the FAFSA, as they have now been recorded for the federal needs analysis process. The SAR also alerts you to any errors or omissions identified by the national processing computer. On the front page of the SAR you are told if you are eligible for a federal Pell Grant. Your application date is identified in the upper right-hand corner and under the date you will find ‘EFC’ which stands for Estimated Family Contribution. The number that follows EFC is the dollar amount that according to the federal formula, your family can contribute. Good News! The EFC is always a negotiable number based on special
Related Questions
- Why is the family contribution on the Student Aid Report (SAR) sometimes different from the family contribution that the School of Medicine expects?
- I dont know which college Im going to attend. Should I send a Student Aid Report (SAR) to each college that I apply to?
- What is a Student Aid Report (SAR) and how do I receive one?
