Keywords:  sar, efc, fafsa, isir, cps
The processing facility for the Free Application for Federal Student Aid (FAFSA). The CPS does the following: receives student information from application processors calculates a student's official Expected Family Contribution (EFC) performs several eligibility database matches prints Student Aid Reports (SARs) or SAR Information Acknowledgements produces Institutional Student Information Records (ISIRs)
The computer system to which the student's need analysis data is electronically transmitted by the FAFSA processor. The Central Processing System performs database matches, calculates the student's official Expected Family contribution (EFC), and prints out the Student Aid Report (SAR).
The federal contractor that processes your FAFSA data. The CPS performs database matches and calculates your official Expected Family Contribution (EFC), sends you your electronic Student Aid Report (SAR), and electronically transmits your FAFSA data (your ISIR record) to Hope College.