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[DOC File]What Happens After You Have Applied for Financial Aid
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What Happens After You Have Applied for Financial Aid. ... If you submitted electronically, you will get an immediate response, noting your Expected Family Contribution (EFC) amount. ... If something is wrong, immediately correct the SAR and re-submit. For inaccuracies on the paper SAR: correct it, sign it, have a parent sign, and mail it back ...
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[DOC File]OMB CIRCULAR A-133
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The school must also take into account other information that it has regarding the student’s financial status. For Title IV programs, the financial resources available is generally the Expected Family Contribution (EFC) that is computed by the central processor and included on the student’s SAR and the ISIR provided to the institution.
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[DOC File]2008 Financial Aid Database Manual
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Students Receiving Financial Aid 107 . Number of students reported with data in items 31a -34b. Students with Zero Family Contribution 21 . Number of Students being reported with EFC = 0 *** Total Students with Zero Family contribution Is not greater than Students receiving financial aid! Gender
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[DOC File]www.thecollegesolution.com
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In this example, the home equity value would have boosted the expected family contribution (EFC) by $20,000 (a huge hit!) if the school didn’t link the home equity to income. But now let’s look at what happens when the school ties the home equity assessment to no more than two times the family’s income of $60,000. $60,000 x 2= $120,000
estimated expected family contribution fafsa

[DOCX File]The Free Application for Federal Student Aid (FAFSA)
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The statement affirms that all federal financial aid received will be used for educational and school-related expenses. ... If you would like to see an estimate of your Expected Family Contribution (EFC) ... Wrong answers can affect eligibility.
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[DOC File]Introduction to the Student Aid Report (SAR)
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A summary of your FAFSA. If any information is wrong, financial or otherwise, you can correct it on page 5 through 8 of the SAR or online. Expected Family Contribution (EFC) The EFC is the amount your family will be expected to pay based on your situation. It …
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Wrong expected family contribution on financial aid