College Financial Aid Notes

understanding the financial aid process

Financial Aid Notes

helping you understand the financial aid notes and timelines

Note1:
Becoming Qualified

view what's needed to qualify for student financial aid. Understand college costs, dependency status and expected family contribution (EFC)
Note2:
Submit the FAFSA

students (and parents) must submit the FAFSA to start the aid process. The FAFSA is used by colleges and agencies to determine eligible aid amounts
Note3:
Review the SAR

the Student Aid Report (SAR) summarizes your FAFSA information and calculates EFC. Review it carefully for changes and corrections
Note4:
Receive Award Letter

colleges will use the SAR to determine your eligible financial aid awards. Compare your award letters among colleges to determine best aid package.
Note5:
Analyze Aid Options

financial aid options include grants, scholarships, work-study, loans, state aid, community service, and other federal and private aid. View options.