Who processes the FAFSA application and how is a student notified?
The Department of Education’s central processing system processes the student’s FAFSA and computes the EFC, based on the information the student reported on the FAFSA. Each student will receive a Student Aid Report (SAR) that summarizes the information from the student’s application and the student’s EFC. All of the colleges that the student listed on the FAFSA will also receive this information in an electronic file called an Institutional Student Information Record (ISIR). If corrections are necessary, students have several options for making them: • Students can ask their schools to make electronic corrections for them using FAA Access to CPS Online or through EDE (if the school participates in Department’s Electronic Data Exchange, EDE). • Students with Personal Identification Numbers can make corrections using FAFSA Corrections on the Web. • Students can make corrections using the SAR and return them to the address provided with the SAR Report.