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 introduced on th...
The Student Aid Index (SAI) is used to help determine how much federal student aid a student may be eligible to receive. Continue reading to learn more.
What is SAI?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 ...
Most no-loan colleges aim to cover each family’s demonstrated financial need – the difference between the cost of attendance and the expected family contribution, now called the Student Aid Index. The amount of need-based aid that a school offers is usually determined by the info...
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What Is an Education Major? An education major prepares students to better understand the learning process as well as the different factors, including environmental, social, cultural and psychological influences, that can affect a student’s ability to learn and engage in school. Education majors stu...
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 ...
financial undertaking, and financial aid is necessary for most students. The Free Application for Federal Student Aid (FAFSA) is the first step to creating a plan to pay for your or your child's education. The award letter lets students and parents know how much aid they may be eligible ...