Understanding the FAFSA Process

What is the purpose of the Student Aid Index (SAI) mentioned in the confirmation email?

• To assess eligibility for need-based aid

• To provide a scholarship amount

• To calculate the student's loan interest rate

• To determine the student's GPA

How long does it typically take for the FAFSA form to be processed if completed online?

• One week

• One month

• One to three days

• Two weeks

Where can students check the processing status of their FAFSA form?

• By logging into their StudentAid.gov account

• By visiting the financial aid office

• By calling the Department of Education

• On the school's website

What should students do to ensure they don't miss important updates after submitting the FAFSA form?

• Call the financial aid office daily

• Visit the school in person

• Check their email regularly

• Ignore all emails

What document will students receive after their FAFSA form is processed?

• Scholarship Notification

• Student Loan Agreement

• FAFSA Submission Summary

• Financial Aid Award Letter