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Review and Correct Your SAR.
When your Student Aid Report (SAR) is received, review the following
important information:
1. Expected Family Contribution (EFC) – Top of page 1. Your
EFC is the amount of money your family is expected to contribute to
college expenses as determined by the U.S. Department of Education
using the “federal methodology.” Keep in mind you
may pay less than the EFC shown on your SAR because numerous colleges
us their own methodology to calculate your EFC (called the “institutional
methodology”).
2. Data Release Number (DRN) – Top of page 1. This
is a reference number you’ll need to make the SAR available to
colleges not originally included on your FAFSA. Also, the DRN
is needed to change specific personal information (such as your address).
3. Verification – Top of page 1. If there is an
asterisk next to your EFC, you have been selected for verification. Verification
means you will have to send additional financial documentation to the
schools listed on your FAFSA. Additional documentation includes
copies of finalized federal tax returns and other verification documents. Because
so much aid is given on a first-come, first-served basis, send requested
verification documentation as soon as possible.
4. All FAFSA information. All the information you entered
on the FAFSA will be shown on the SAR. Check the information
for accuracy. If there are errors, make
corrections
as soon as possible. |
