What document is generated after the CPS processes a FAFSA submission?

• A. Student Aid Report (SAR)
• B. Federal Pell Grant Notification
• C. Verification Form
• D. EFC Notification

Answer: (A)

The document that is generated after the Central Processing System (CPS) processes a FAFSA submission is the Student Aid Report (SAR). The SAR is a critical piece in the financial aid process, as it summarizes the information submitted on the FAFSA and includes the Expected Family Contribution (EFC), which is used by schools to determine a student's eligibility for financial aid.

The SAR also serves as a confirmation for students, allowing them to review their FAFSA data and making it possible for them to correct any errors that might have been made during the initial application. This report is essential for maintaining transparency and accuracy in the financial aid process.

In contrast, the other options listed serve different purposes or come later in the process. The Federal Pell Grant Notification goes out after schools determine a student’s eligibility for Pell Grants, but it is not generated immediately after FAFSA processing. The Verification Form is related to the process used by institutions to confirm the accuracy of data provided in the FAFSA but is not a direct output of the CPS. Lastly, the EFC Notification is part of the SAR, as the EFC is included within it rather than being a standalone document.