MONEYSCHOOL'S Simplified Guide
to FAFSA and Federal Student Aid

Section 13: Student Aid Report

The SAR summarizes the information on your FAFSA, and shows your expected family contribution (EFC).  As discussed previously, your financial need is defined as the difference between your EFC and the cost of attendance at a particular school. 

Your SAR will also be sent to you and to all of the schools you listed in your FAFSA. The final determination regarding offers of financial aid will come from your school in the form of an award letter.  If you are accepted as an incoming Freshman by more than one school, you should receive an award letter from each school.