I thought so. And what is this SAR I read about?
The SAR is a summary of the FAFSA data you submitted. You the student will get your SAR within three days to three weeks after you submit your FAFSA form.
Ah, that makes sense. Thank you for the explanation! So what if I receive a student loan for the very first time?
In that case you should expect to be required to sign a promissory note and go through entrance counseling.