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National Application Center :: frequently asked questions

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financial aid

FAFSA

What happens after the FAFSA is filed?

In 4-6 weeks after you send your Free Application for Federal Student Aid (FAFSA) to the central processor you will receive a Student Aid Report (SAR) from the U.S. Department of Education. You should review the information listed on the form to make sure it is correct and that all of the colleges you are interested in attending are listed on the form. If any information is not correct, you must return the form with the correct information.

Colleges that you list on the FAFSA will receive an electronic copy of the information that is listed on your SAR and that you provided on the FAFSA. Your state grant award eligibility will be based on the first school you list on the FAFSA. The financial aid office at the colleges may contact you for additional information regarding your application for aid or advise you when to expect a financial aid award letter.

Keep your SAR in a safe place since you must provide it to the financial aid office at the college where you enroll in order to receive payment of financial aid funds.

Should I keep a copy of the FAFSA?

Yes. It is a good idea to start a file folder or binder of all important papers related to your college admission and financial aid applications. Keep copies of your completed applications and FAFSA, your Student Aid Report, a copy of any additional documents that you might have supplied to the college financial aid office, and any correspondence with the federal processor, the campus financial aid office, or other financial aid or scholarship agencies.

Important Things to Remember:

  • Get a FAFSA form from your high school counselor, local college, or online at www.fafsa.ed.gov and review it over your December school break.
  • File your FAFSA as soon as possible after January 1.
  • Respond promptly to all requests for additional information you receive about your FAFSA, your SAR, state grants and scholarships, and your application to each college.
  • Keep a copy of all applications and documents you file.