Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 346 The FAFSA asks parents and students for information on their income, as- sets, etc. It is therefore helpful to have your tax information available when completing the FAFSA. The FAFSA can be completed free online at www.fafsa.gov. This site provides step-by-step instructions and detailed information on how to complete the FAFSA. To request a paper FAFSA, call 1-800-433-3243. Within 1-3 weeks after the FAFSA is submitted, the student will receive a Student Aid Report (SAR). This report will also be sent to the colleges the student listed on the FAFSA. The SAR tells how much the student’s family will be expected to pay for college the following year. This amount is called the Expected Family Contribution (EFC). Colleges, lending institutions, federal, and state aid programs all use this EFC figure when determining financial aid eligibility. Jaimee and her parents got their tax infor- mation ready, completed a FAFSA online, and submitted it on January 15. Jaimee had applied to Xavier University and to Miami University, so she indicated on her FAFSA that she wanted a copy of her SAR sent to these two colleges also. A few weeks later, Jaimee received her Student Aid Report (SAR). ThisreporttoldherthatherExpectedFamilyContribution(EFC)was 06125. Jaimee and her parents knew that this figure represented the amount they would be expected to pay for Jaimee’s college education the following year – $6,125. Complete a FAFSA When you complete a FAFSA online, you immediately get an estimated EFC telling you the amount your family will be expected to pay for college the next year. To complete a FAFSA, go to www.fafsa.gov. Because financial aid is often awarded on a “first come, first served” basis, the FAFSA should be submitted as soon as pos- sible during a student’s senior year.