Disclaimer, Limitation of Liability, and Indemnification

This Schedule of Reductions (SOR) calculation tool is provided by the Southwest Association of Student Financial Aid Administrators (SWASFAA) solely as an educational and training resource for financial aid professionals. It is not legal, financial, or compliance advice, and its availability does not create any advisory or professional relationship between SWASFAA and any user or institution.

All calculations produced by this tool are estimates for simulation and training purposes only. This tool is not a system of record. Users and their institutions are solely responsible for all student aid eligibility determinations and must independently verify results against current federal statutes, regulations, and Department of Education guidance, and against their institution's official systems, including COD and NSLDS. Federal guidance in this area is evolving; this tool reflects guidance only through the version date displayed within it, and SWASFAA has no obligation to update it.

THIS TOOL IS PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION WARRANTIES OF ACCURACY, COMPLETENESS, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. TO THE FULLEST EXTENT PERMITTED BY LAW, SWASFAA AND ITS OFFICERS, DIRECTORS, EMPLOYEES, VOLUNTEERS, MEMBERS, AND AGENTS SHALL NOT BE LIABLE FOR ANY DAMAGES OF ANY KIND — DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY — ARISING FROM OR RELATED TO THE USE OF, OR INABILITY TO USE, THIS TOOL OR RELIANCE ON ITS OUTPUT, INCLUDING WITHOUT LIMITATION AID DETERMINATIONS, PROGRAM REVIEW OR AUDIT FINDINGS, OR CLAIMS BY STUDENTS OR THIRD PARTIES.

By using this tool, you agree, on behalf of yourself and your institution, to indemnify, defend, and hold harmless SWASFAA and its officers, directors, employees, volunteers, members, and agents from and against any and all claims, liabilities, damages, losses, and expenses (including reasonable attorneys' fees) arising out of or related to your use of this tool or reliance on its output. If you do not agree to these terms, do not use this tool.

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