When can I expect my SAR?
After submitting the Free Application for Federal Student Aid (FAFSA), students should receive a Student Aid Report (SAR) within about three weeks. The SAR will be sent either electronically or via U.S. Mail, depending on whether the student provided an e-mail address on the financial aid application. Students and families should review the SAR and make any corrections needed, if applicable. The SAR will provide your Expected Family Contribution (EFC), which reflects the federal estimate of what your family and you can afford to contribute toward a year of college.
Universities use your EFC to prepare a financial aid package (grants, loans, and/or work-study) to help you meet your financial need. Financial need is the difference between your EFC and your school´s total cost of attendance (university charges and other living expenses).