The Student Aid Index (SAI) is a number calculated from the information provided on the Free Application for Federal Student Aid (FAFSA). Colleges use this number to assess a student’s eligibility for need-based financial aid. In simple terms, the SAI represents a family’s financial strength...
SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid.
The Student Aid Index, or SAI, is a measure that colleges use to determine a student's ability to pay for college and the amount of financial aid they can receive. Students receive an SAI after submitting the Free Application for Federal Student Aid (FAFSA). The SAI was i...
Step 1:File your Free Application for Federal Student Aid (FAFSA®) What this entails:The first step in securing a federal student loan is to submit the FAFSA®.That’s what’s used to calculate your Student Aid Index (SAI), which colleges use, in part, to determine how much aid to...
FAFSA stands for Free Application for Federal Student Aid- your federal student loan application to apply for college student grants and loans. This will determine yourStudent Aid Index, or SAI, which is an estimate of your eligibility for college federal financial aid. ...
Basically, the SAI calculation indicates the greatest need—and eligibility—for federal student aid. The lower the number on your Student Aid Index, the more likely you are to receive help from the federal government. However, it’s important to note that having a low SAI only means you ...
The Student Aid Index (SAI) is a replacement for Expected Family Contribution (EFC) and is a calculation of the amount of need-based financial aid a student is eligible to receive.What is EFC?Expected Family Contribution (EFC) was an assessment of a student’s family’s available financial ...
Feb 25, 2025 | By: Ascent Categories:Blog,For Cosigners Learn about Expected Family Contribution (EFC), now called the Student Aid Index (SAI), and its role in determining financial aid…Read More What is FAFSA and how does it work?
An applicant’s eligibility for needs-based financial aid is determined by subtracting both the Student Aid Index (SAI) and Other Financial Assistance (OFA) from theCost of Attendance (COA). The difference between the COA and the SAI plus the OFA will be the applicant’s financial need, as ...
The FAFSA, which is administered by the office of Federal Student Aid, is the doorway to all of these types of aid. The questions on the FAFSA are intended to determine the student’s level of financial need and establish theirStudent Aid Index (SAI). The SAI represents an eligibility ind...