SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid.
If your FAFSA®form is complete and fully processed, you’ll be given your SAI on your FAFSA®Submission Summary, which is based on the financial information you, and if you’re a dependent, your parent or legal guardian provided. This number indicates the estimate for your federal student...
What is the Expected Family Contribution (EFC)?By Mark Kantrowitz March 20, 2024 Note: Beginning with the 2024-2025 school year FAFSA, which opened in December 2023, the Student Aid Index (SAI) will replace the expected family contribution (EFC). The SAI will be listed on your FAFSA ...
The tax year reflected on your FAFSA® may not reflect your current marital status. If you recently got married (or divorced) there are things to keep in mind.
Your student aid index (SAI): TheSAIis a number the school uses to determine how much financial aid you’re eligible for. In general, the lower the SAI, the more funding you can get.34 Details (and dollar amounts):These pertain to whatever grants, scholarships, work-study programs, and...
The FAFSA asks questions about the student's and parent's income, investments, and other relevant matters, such as whether the family has other children in college. Using that information, the FAFSA determines yourStudent Aid Index (SAI). That figure is used to calculate how much assistance yo...
Going Merry is a game-changer. FAFSA® and scholarships in one place. Our financial aid application rates have increased significantly. SHANNON HARRISON Director of College Counseling KIPP San Jose Collegiate, California My students loved Going Merry. They applied to 5x as many scholarships using ...
FAFSA receive a Student Aid Index (SAI). The SAI is used to determine what amount of federal, state, or institutional need-based aid a student might receive to assist with college costs (we dove into this in more detail in this blog). The Department of Education originally estimated that ...
While the government is transitioning Expected Family Contribution (EFC) to the Student Aid Index (SAI) for FAFSA® filers it may still be important to understand what EFC means. Read more.
The release of the 2024-25 FAFSA® was delayed by several months. Continue reading as we dive into what this could mean for students.