AwardYear: 1994-1995 Edition: PostSecondary Part: 3 - - Filling Out the Free Application for Federal Student Aid SectionNumber: SectionTitle: "Preparer's Use Only" PageNumbers: 83 PURPOSE: THE DEPARTMENT WILL USE THIS INFORMATION TO MONITOR THE EFFECT OF APPLICATION PREPARATION SERVICES RELATIVE TO THE GENERAL APPLICANT POPULATION. The law requires that if anyone other than the student, the student's spouse, or the student's parents prepared the application, then the preparer must write in his or her name, Social Security Number (the preparer's SSN will not be printed on the student's SAR), the company name (if applicable), the company address, and the company's Employer Identification Number (EIN) as assigned by the Internal Revenue Service. The EIN number is also embedded in the twelve-digit entity number that the Department assigns to schools when they sign a Program Participation Agreement. High school counselors, financial aid administrators, and other persons who help students with their applications by actually filling out line items on the form, or dictating responses to items on the form, ARE considered preparers. These preparers must complete this section even if they are not paid for their services. |