When you complete the Free Application for Federal Student Aid (FAFSA), you’ll receive your SAR sometime afterwards. The FAFSA is used to calculate what kind of financial need you personally have, which can make you eligible to several federal scholarships, grants, work study programs, or even loans.
Essentially, the SAR is your “results” for what federal aid you qualify for. It can be either electronic or paper, depending on what information you provided in the FAFSA. The SAR will also include your calculated Estimated Family Contribution (EFC), what your family is expected to pay out-of-pocket for your education.
Make sure you review your SAR carefully. If there is any information that you think is wrong, be sure to update or correct your FAFSA straight away so you, the federal government, and your potential colleges all have the most correct information.
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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 |
 |
5.00% - 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 |
