AwardYear: 1997-1998 Edition: PostSecondary Part: 2 - - The application process for financial aid SectionNumber: SectionTitle: Filing a financial aid application (summary) PageNumbers: 48-49 SUMMARY: Filing a financial aid application To apply for federal student aid... ...fill out a FAFSA either on paper or electronically Prospective students should complete the FAFSA and send it to the processor identified on the accompanying envelope. Some students may be able to file the FAFSA electronically through EDE or 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, you have 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. Household size and number in postsecondary education must be updated only if the student's application is selected for verification. 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 you determine 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 you believe that the family's circumstances warrant a change in the need analysis, you may use professional judgment to adjust the student's cost of attendance or data elements on which the student's EFC is calculated (by using the SAR or through EDE). |