| Award Year: 2007-2008 Section: -- Draft of the 2007-2008 Student Aid Report (SAR) is Available for Public Comment Page Numbers: 10 Posted on 11-21-2006 We are pleased to provide you with a draft of the 2007-2008 Student Aid Report (SAR) and SAR Acknowledgment. The overall format of the 2007-2008 SARs are similar to the 2006-2007 SARs but some changes have been implemented. The top of page one (the masthead) is modified with textual and graphic elements to be consistent with Federal Student Aid's brand identity; the applicant's Data Release Number (DRN) has been moved from the bottom of page one to the top right hand corner (directly above the OMB number) to be more visible to students; and the placement of new, deleted, and modified questions from the 2007-2008 Free Application for Federal Student Aid (FAFSA) have been incorporated. As previously announced, the number of federal school codes an applicant can include on the paper FAFSA has been reduced from six to four for 2007-2008, but applicants can change up to four previously identified school codes on their paper SAR and return it via mail to the Department or phone the Department's toll-free customer service center to have codes changed or added for a total of six school codes. As in 2006-2007, the SAR will be formatted to allow machine reading of data with imaging and scanning technology. The order of the data elements is the same as the order on the 2007-2008 FAFSA. The FAA Information section will continue to help Financial Aid Administrators find information about a student's eligibility in one place and the National Student Loan Data System (NSLDS) section will continue to display aggregate amounts with standard text regarding repayments. The SAR will be printed on yellow paper and will, as in previous years, be in a letter format to provide information about the student's eligibility status, verification requirements and information on how to correct any assumptions made during processing. Attachments/Enclosures: |