Thursday, October 25, 2012

Determine Student Aid Report Scores

Determine Student Aid Report Scores








Student Aid Report (SAR) scores are returned to applicants who fill out the Free Application for Federal Student Aid (FAFSA). The SAR is used by colleges and universities to which an applicant is applying in determining the financial aid award upon acceptance. The schools that receive the SAR scores are selected when the applicant fills out the FAFSA.


Instructions


1. Expect the SAR to be delivered after you submit the application. If the FAFSA was filed on-line, an email notification will be sent directing the student on view the FAFSA. If no email address was filed or the FAFSA was filled out on paper and mailed, a report will be sent via mail.


2. Check the SAR later by going to the official website of the FAFSA. Regardless of whether or not an SAR has been received in the mail, the SAR can be reviewed on-line.


3. Click "View and Print Your Student Aid Report" on the main FAFSA web page. Select the school year for which it was filed, which will be one year ahead of when you filed it. For instance, a student would file the FAFSA in January of the 2014-2015 school year to determine financial aid for the 2015-2016 school year. Click "Next."


4. Fill in your personal information, including your Social Security Number (SSN), and click "Submit." Make sure to have your PIN ready. If you don't know what your PIN is, click " I Forgot/Don't Know My PIN," a link in smaller text located directly beside the question "What is your PIN?" You will create a new PIN, which you will receive by email in a few days.


5. Make sure to select the option to view the Expected Family Contribution (EFC), if viewing the SAR on-line. The SAR "score" is the EFC. The EFC indicates to the school how much money the family is expected to contribute to the student's education. This will determine the availability of government grant money, as grants are usually need-based and not based in academic merit.








6. Print the document by selecting the option on the SAR screen. Bring the SAR including the EFC to your financial aid adviser with any questions or concerns you may have. Schools can receive the FASFA electronically. The receiving schools are usually selected in the application process. According to FAFSA, some schools outside the United States may need to be mailed a printed copy of the report.

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