Of course. You might see a note on your SAR saying you ve been selected for verification, or your school might contact you to inform you that you've been selected. Verification is the process your school uses to confirm that the data reported on your FAFSA form is accurate.
Have you been selected for verification?
Yes, I have been selected.
In that case your school will request additional documentation that supports the information you reported.
Good to know. I'd like to ask another information regarding the COA . Can you tell me what does COA means, please?
Sure, it's the amount it will cost you to go to school.
I also want to know about how my aid is being paid out.  So when it comes to my financial aid, what should I be mindful of?
Be sure to keep in touch with your school's financial aid office so that you understand the whole process of receiving your aid.
Alright. I'd also like to know about Master Promissory Note (MPN). Can you please explain to me what is a Master Promissory Note and where is it used for?
A Master Promissory Note or MPN is a legal document in which you promise to repay your loan and any accrued interest and fees to the U.S. Department of Education.
I see what you mean. And what do I do now that I've heard everything there is to know about the type of aid I want to accept?
Then you should decide what aid you really need, and then respond to the school's aid offer within the deadline set by the school.
I have to send them those documents they requested, right?
Yes. All you need to do is provide the documentation your school asks for and be sure to do so by the school's deadline, or you won't be able to get financial aid.
What will the status of my application be then?