Overview / Complete FAFSA / Renew FAFSA / What to Expect / Check Status

What to Expect

What happens after I submit my form?

You will receive an e-mail that lets you access your electronic Student Aid Report (SAR). Your SAR will contain either a request for further information or an amount called the Expected Family Contribution (EFC). You may then print the SAR to obtain a copy.

• If no valid e-mail address is on file, a paper SAR will be sent to you.
• An electronic copy of a SAR (with or without a calculated EFC) can still be accessed by selecting View and Print Your Student Aid Report. (Note: a PIN is required).
• The schools listed on your Free Application for Federal Student Aid can request an electronic copy of your Student Aid Report (SAR) once your application has been processed. Bryant & Stratton requests this information daily.

When will I get my FAFSA results?

Completing your FAFSA is the first step in the financial aid process. The amount of time it takes the U.S. Department of Education to process an application depends on whether the application is submitted by regular mail or through FAFSA on the Web and whether it is signed by paper or using a PIN as the electronic signature. Providing a current and valid e-mail address would also speed up the process. The fastest way to receive results is to fill out a FAFSA on the Web application, provide a valid e-mail address, and sign the application electronically using a Federal Student Aid PIN.

What if my situation changes?

If your answers to some of the questions change, wait until you receive your SAR, and then check with your financial aid advisor. You cannot update income or asset information to reflect changes to your family's financial situation if those changes took place after the FAFSA was filed.

The income and expense information reported on this form must be accurate for the past year (2006), not for the coming year. If your financial situation changes, check with your financial aid administrator.

What this means and how do I receive financial aid?

The school uses your SAR (Student Aid Report) to prepare a financial aid package to help meet your financial need. Financial need is the difference between your school’s cost of attendance (including living expenses), as calculated by your school, and your EFC (Expected Family Contribution).
The amount of your financial aid award depends on whether:

• You’re a full-time or part-time student
• You attend school for a full academic year or less
• You believe you have special circumstances such as unusual medical or dental expenses

Your school, your state, or the U.S. Department of Education may ask you to verify the accuracy of the information you gave on your application. Your school uses the EFC to determine the amount of your federal grants, loans, or campus based aid awards, if you are eligible. Federal Student Aid is paid to you through your school. Applicants of the college will receive an award letter notifying them of their eligibility.