the FAFSA for the 2016–2017 academic year to prevent schools from having access to view other schools that may be listed on the application. After completing the FAFSA, students are presented with a Student Aid Report (SAR). The SAR provides a student with their potential eligibility for different types of financial aid, their Expected Family Contribution (EFC), and a summary of the data a student provided in the application. An electronic version of the SAR (called an ISIR) is made available to the colleges/universities the student includes on the FAFSA. The ISIR is also sent to state agencies that award need-based aid. Students can file an appeal with their college financial aid office in order to seek additional financial aid if their current financial situation is no longer the same as the financial information they provided on FAFSA (i.e. their parent recently lost their job). The exact appeal process can vary from school to school. SwiftStudent, a free service, provides template letters for college students to use when appealing their financial aid. Currently, students can only list ten schools on their FAFSA application. If students are applying to more than 10 colleges or universities, there are three options they can choose from that allow them to submit their FAFSA application to additional schools. Types of federal financial aid Federal Student Aid offers several different types of financial aid programs. Pell Grant – A grant of up to $6,195 (as of the 2019–2020 Award Year) for students with a low expected family contribution. A 2018 NerdWallet study found that students missed out on $2.6 billion in free federal Pell grants by not completing the FAFSA. Federal Supplemental Educational Opportunity Grant (FSEOG) – A grant between $100 – $4,000 for eligible students and the award is available for Undergraduate students. This grant money is limited at colleges and universities and usually is given to those who have completed their FAFSA application early and are eligible to receive this grant. Federal Direct Subsidized Loan – Part of the Federal Direct Student Loan Program, Federal Direct Subsidized loans are need-based loans whose interest is paid by the government while the student is enrolled at least half time. Direct Subsidized Loans have fixed interest rates for the life-time of the loan. The interest rates for new loans are set yearly by the U.S. Congress. Federal Direct Unsubsidized Loan - Part of the Federal Direct Student