A Breakdown Of The Student Aid Report

The SAR or Student Aid Report is a detailed document full of abbreviations and numbers. Making sense of it all can be challenging, especially for those who are seeing one for the first time.

This short breakdown aims to simplify this document so you can better understand the SAR.

EFC

EFC stands for Estimated Family Contribution and refers to the amount that your family is believed to be able to contribute towards your cost of college. It is calculated based on the financial information you provided while filling the FAFSA.

DRN

DRN is the Data Release Number. You will need to use this number if you need to provide a change of address or if you want to submit your SAR to colleges not originally included in your FAFSA.

3 Repayment Options

Variable rates from 5.54% - 15.70% APR with auto-debit

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Verification

Not all SARs are marked for verification. If yours is, it means before you can be offered federal aid, you need to provide additional financial documentation to verify certain discrepancies in your application.

FAFSA Changes

The last few pages of the SAR contain information you provided on the FAFSA. You must go through all of these pages thoroughly and make sure all information is accurate. If you spot any errors or if your financial situation has changes since you submitted the FAFSA, you can make the changes in the provided space. It is best to do this as early as possible.

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Lender	Rates (APR)	Eligibility
	5.50%-16.12%* Variable 3.99%-15.61%* Fixed	Undergraduate and Graduate	VISIT CITIZENS
	5.54% - 15.70% Variable 3.99% - 15.49% Fixed	Undergraduate and Graduate	VISIT SALLIE MAE
	4.63% - 17.99% Variable 3.49% - 17.99% Fixed	Undergraduate and Graduate	VISIT CREDIBLE
	6.00% - 13.75% Variable 3.99% - 13.75% Fixed	Undergraduate and Graduate	VISIT LENDKEY
	5.66% - 14.72% Variable 3.69% - 14.56% Fixed	Undergraduate and Graduate	VISIT ASCENT
	3.70% - 8.75% Fixed	Undergraduate and Graduate	VISIT ISL
	5.62% - 16.85% Variable 3.69% - 16.49% Fixed	Undergraduate and Graduate	VISIT EARNEST
	5.00% - 14.22% Variable 3.69% - 14.22% Fixed	Undergraduate and Graduate	VISIT ELFI

College Raptor is not a loan lender and does not assume responsibility for suggesting a loan to a user who may not be eligible for it. Rates, terms, conditions, eligibility, approval, and other considerations are the decisions of the lenders and may vary depending on which lender or marketplace the user selects. We urge users to carefully consider and review all loan options and terms before committing to taking out a loan.