| AwardYear: 1996-1997 Edition: PostSecondary Part: 2 - - The application process for financial aid SectionNumber: SectionTitle: Mastering the "School Use Only" box (chart) PageNumbers: 45 The " School Use Only" box on the SAR enables you to tell the CPS when you have adjusted a line item on the SAR or when you have changed a student's dependency statues. There are four common scenarios: 1 You have the student correct a line item on the Student Aid Report. You don't need to make any notation--simply have the student correct the SAR and mail it to the FAFSA processor. 2 You make an adjustment to one of the line item s on the Student Aid Report. Check box labeled "FAA EFC Adjustment" to let the processor know that the change was an adjustment rather than a correction to the line item. 3 You correct a data element on the Student Aid Report, and you adjust a different data element. A combination of changes should always be reported as an adjustment. Check the box labeled "FAA EFC Adjustment." 4 You use the Student Aid Report to change a student's dependency status. Check the appropriated dependency override box. Whenever you are indicating changes in the "School Use Only" box, you must fill in your school's Title IV Institution, number and sign your name. [[A chart from page 45 is currently unavailable for viewing. Please reference your paper document for additional information.]] |