FASFA After Submission

What is the first step after submitting your FAFSA form?

• Your school immediately determines your financial aid.

• You receive a confirmation email.

• You log into your StudentAid.gov account to check the status.

• You receive your FAFSA Submission Summary.

What is the primary function of the Student Aid Index (SAI)?

• To track your academic progress.

• To determine your eligibility for need-based aid.

• To calculate your student loan interest rates.

• To provide a list of available scholarships.

Which of the following are initially provided as estimates in your FAFSA confirmation email?

• Your confirmed Student Aid Index (SAI) and awarded Pell Grant amount.

• Your estimated Federal Pell Grant and Student Aid Index (SAI).

• Your school's financial aid offer.

• Your student loan repayment schedule.

How long does it take for an online FAFSA form to be processed by the U.S. Department of Education's Office of Federal Student Aid?

• Immediately

• 1-3 days

• 1-2 weeks

• 1 month