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COLLEGE FUNDING CENTER

This section is currently in the development stage waiting for approval.  Please check back periodically or fill out the "request information" form and you will be contacted when this section goes live.  

Recommended web site -->  savingforcollege.com

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INVESTMENTS

CASH FLOW ANALYSIS

FINANCIAL PLANNING:

  1. RETIREMENT
  2. INSURANCE
  3.     COLLEGE      
  4. TAX
  5. ESTATE

QUESTIONNAIRE

WHAT IS A CFP®

SAR

Four to six weeks after you submit the FAFSA to the Department of Education, you'll receive a Student Aid Report (SAR). This report is generated from your family's financial information you provided on the FAFSA and indicates your Expected Family Contribution (EFC) - the amount your family is expected to contribute to your college education. The EFC listed on your SAR will determine the amount of financial aid you will receive.

Each school listed on your FAFSA (up to six) will also receive a copy of your SAR. The school's Financial Aid Office will use the information contained in the SAR to determine your total aid package, including loan eligibility and Federal Work-Study qualification.

Once you have received your SAR, it is a good idea to check with the Financial Aid Offices at the schools where you applied. Make sure that they have received all the documents needed to process your application for financial aid. Often, colleges have their own forms and deadlines for applying for financial aid.

Check Your Student Aid Report Carefully

As soon as your SAR arrives in the mail, check it carefully for mistakes. Compare the information listed on the SAR to your copy of the FAFSA you submitted. Do they match?

Special Note:
If you are a male age 18 - 25, check your Selective Service indicator. When your FAFSA is processed the Selective Service database is checked to see if you have registered. The results of this check are listed on your SAR. If you are a male, age 18 to 25 who hasn't yet registered with the Selective Service, you are not eligible for student financial aid. You can register at the Post Office, at your high school, online at www.sss.gov or by checking a box on the FAFSA form.
Correct Erroneous Data

If you find incorrect data, there are two ways to correct it.
  • Fix any mistakes by writing the correct answers on the SAR, and mailing it to the designated address.
  • Enter your corrections online at FAFSA Corrections on the Web.
You can also contact the Financial Aid Office at the school you plan to attend to see if the school can send the corrections electronically.

Sending Your SAR to More Schools

If you want to send your SAR to more than six schools, there are several ways to accomplish this without spending any money.
  • Provide the schools with your Social Security number and the data release number (DRN) listed on the SAR. The school will then be able to download an electronic version.
  • Call the Federal Student Aid Information Center at 1-800-433-3243 (TTY 1-800-730-8913) and request duplicate copies be sent to you.
  • Go to FAFSA on the Web. Select "Entering a FAFSA Online." Choose the "Request Duplicate Student Aid Report" option and complete the form.
  • Go to FAFSA Corrections on the Web and add more schools by submitting a correction to your FAFSA information.
Source: U.S. Department of Education, www.ed.gov.

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