Within a few weeks of submitting your FAFSA online, You will receive your Student Aid Report (SAR) either by mail or email. Check it out, and if necessary, make changes or corrections and resubmit it for reprocessing. Your complete, correct SAR will contain a number known as your Expected Family Contribution (EFC), and is used to determine your federal student aid eligibility.
Make sure the financial aid offices at the colleges you plan to attend have all the information needed to determine your eligibility. You will need your SAR when meeting with the financial aid office(s). If the school you want to attend isn’t listed on your FAFSA, you’ll have to submit your SAR to that school for processing either by:
The last day of enrollment established by the university/college
- or -
by September 17, whichever comes first.
So you know, you might be selected for verification. This means that your school’s financial aid office will ask you to submit tax returns and other documents to verify the information that you submitted on your FAFSA.