Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

Filing a financial aid application (summary)

AwardYear: 1996-1997
Edition: PostSecondary
Part: 2 - - The application process for financial aid
SectionNumber:
SectionTitle: Filing a financial aid application (summary)

PageNumbers: 53-54


To apply for federal student aid...

...FILL OUT A FAFSA EITHER ON PAPER OR
ELECTRONICALLY

Prospective students who are applying for the first time in the award
year should fill out the FAFSA and send it to the processor identified
on the accompanying envelope. Some students may be able to file
the FAFSA electronically using a computer at a participating school
or using FAFSA Express.

To apply for the first time, using dependency override...

...FINANCIAL AID ADMINISTRATOR MUST AUTHORIZE
OVERRIDE ON FAFSA

If it appears that the applicant should be considered an independent
student because of special circumstances, the financial aid
administrator has the authority to approve a dependency override
on the FAFSA.

To correct application information...

...USE PART 2 OF THE SAR OR EDE

If the applicant discovers errors on the SAR, he or she must correct
those errors on Part 2 of the SAR and return it to the FAFSA
processor. (Corrections also can be made electronically using EDE.)
The information on the SAR may only be corrected to what was
accurate on the date the application was signed.

To update dependency status, household size, or number in
postsecondary education...

...USE PART 2 OF THE SAR OR EDE

Unless the change is the result of a change in the student's marital
status, a student must report any change in dependency status during
the school year, and students selected for verification must update
household size, and number of family members in postsecondary
education as of the time of verification. This information may be
updated by using Part 2 of the SAR or through EDE if the school
uses the EDE system.

To override dependency status after first application has been filed...

...A FINANCIAL AID ADMINISTRATOR MUST AUTHORIZE
THE OVERRIDE ON THE SAR OR THROUGH EDE

If an applicant has already filed an application but the financial aid
administrator determines that he or she should be considered an
independent student because of special circumstances, the
administrator may override the dependency status on the SAR or
through EDE.

If the family has special circumstances...

...THE FINANCIAL AID ADMINISTRATOR MAY MAKE
INDIVIDUAL ADJUSTMENTS

If the financial aid administrator believes that the family's
circumstances warrant a change in the need analysis, the
administrator may use professional judgment to adjust the student's
cost of attendance or data elements on which the student's EFC is
calculated.

Last Modified: 06/22/1998