What does a student aid report look like?
There are five key pieces of information in your FAFSA® SAR that you should pay the most attention to: Expected Family Contribution, verification, Data Release Number, loan summary, and FAFSA changes.
Expected Family Contribution (EFC)
Your EFC within your SAR is an index number that colleges use to determine how much financial aid you’re eligible to receive. Your EFC is calculated according to a formula established by law and the information from your Free Application for Federal Student Aid (FAFSA).
If there’s an asterisk next to your EFC, it means your student aid report requires further verification.
Data Release Number (DRN)
A Data Release Number (DRN) is a four-digit number given to your application by Federal Student Aid. You can provide your DRN to a customer service agent if you need certain changes made to your FAFSA information. Do not give your DRN to anyone other than a financial aid administrator or customer service agent.
The loan summary on your SAR is where any of your outstanding federal student loans will be listed.
You’ll have the chance to correct any information that was wrong on your FAFSA.