SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid.
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...
This information will be used to calculate your Student Aid Index (SAI), which colleges use to determine your financial aid eligibility. It’s important to note that if you’re independent as defined by the FAFSA® you won’t be required to supply your parent’s financial information. To ...
Parents who claim a student on their tax return should file the FAFSA (regardless of who the child lives with). It may be easier for some families to appeal federal financial aid. Under the new legislation, the EFC will essentially be replaced by the Student Aid Index (SAI). The Student...
An award letter is the FAFSA documentation sent from a college or university to the student that details how much financial support the student is eligible for.
The EEC is an important factor in the needs-analysis calculation on the Free Application for Federal Student Aid (FAFSA). The name was changed to Student Aid Index (SAI) to clarify the SAI figure. The SAI is an eligibility index for student aid; it does not determine the total amount tha...
It doesn’t mean you won’t have to pay at all for college. You might still owe money, depending on the cost of attendance. How SAI is used to calculate need SAI replaces EFC in the need calculation put forward in the FAFSA. The new formula is as follows: Need = Cost of ...