SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid.
FAFSA and Financial Aid Financial aid refers tomoney that helps you pay for collegeor a career school. It can come in the form of grants, scholarships, work-study programs, and loans. The FAFSA is a form you need to fill out to get any federal financial aid.5Many states and colleges u...
The FAFSA is used by the US Department of Education to calculate yourExpected Family Contribution, or EFC, for college.Your EFC is a dollar amount that reflects how much you can afford to pay for college for the following academic year. The lower your EFC, the more aid you're eligible to...
In the United States, the Free Application for Federal Student Aid (FAFSA) is the starting point for receiving student financial aid. According to the U.S. Department of Education, students need to “use it to apply for federal student financial aid, such as the Pell Grant, student loans,...
FAFSA® verification is the process to review and confirm that the information you reported on your FAFSA® form is accurate. Learn more.
When and Where to Fill Out FAFSA To receive your financial aid reward, the FAFSA must be filled out before the academic year begins. The federal deadline for filling out FAFSA is June 30. Although the FAFSA deadline is in June, state deadlines vary. So you'll need to check with your ...
"there is money that some schools receive that are limited. once they are awarded, they are gone. and if you sit on this type of requirement, until your fafsa is verified, you won't have an official financial aid offer." 4. provide the required documentati...
Student Aid Index (SAI) is the new name of Expected Family Contribution (EFC). 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 what the SAI figure is. ...
If you're returning to school and looking for financial aid, you may have heard about the importance of completing the FAFSA. But what is the FAFSA? The FAFSA, or Free Application for Federal Student Aid, is the form college students fill out to determine their eligibility for financial aid...
The short answer is that the FAFSA is due every year by June 30. The slightly longer answer is that a new iteration of the FAFSA begins every year on October 1 and runs through June 30 of the yearafter the following year. (Stay with us here.) That means the FAFSA window for each ...