What are the final steps of the FAFSA?
Once you've filed your FAFSA, the information is sent to the Department of Education. Using their formula, they'll compute your Expected Family Contribution, or EFC, and mail it back to you in a report called the Student Aid Report, or SAR.
The SAR will have a breakdown of your FASFA information that you submitted, along with details of what federal financial aid, if any, you are eligible to receive. This may include:
- The Pell Grant
- The Academic Competitiveness Grant
- The Perkins Loan
- The Stafford Federal Student Loan (subsidized and unsubsidized)
- Federal Work Study Programs
For any loan products, you'll need to file a separate application. Filing your FAFSA does NOT automatically apply you for these loans!
File a FAFSA Application Online Now
More FAFSA Questions and Answers:
- What are the FAFSA deadlines?
- Who is a dependent student?
- What's my FAFSA status?
- What is a dislocated worker?
- What if my parents do not want to submit their information for the FAFSA?
- I filled out my FAFSA but was not eligible, what do I do now?
- What is the purpose of a FAFSA Renewal form?
- What if I have a non-traditional family situation?
- What's my FAFSA PIN?
- Do I have to fill out the FAFSA every school year?
- How do you go about filling out the FAFSA if I am divorced and remarried? Does my ex fill one out as well? Do we list our current spouses?
- In order to get a Stafford loan or a Parent Plus loan, do I need to fill out a FAFSA?
- How do 529 plans affect financial aid?
- Can you mail me a FAFSA?
- Can you mail me a renewal FAFSA?
- How long is the FAFSA process?
- What are the final steps of the FAFSA?
- How long does it take for my school to receive the FAFSA?
- What's the difference between a FAFSA and a renewal FAFSA?
- What's the difference between a paper FAFSA and a FAFSA on the Web?
- Where should I mail my completed FAFSA paper application?
- What's the difference between a FAFSA application and a FASFA application?
