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FAFSA 2024-25's SAI is based on what you made in total back in 2022 tax year, not based on what you make now. If you made more than $37,373 in 2022, that may be the reason for high SAI.
- What does Student Aid Index (SAI) mean? : r/FAFSA - Reddit
SAI (Student Aid Index) is in replacement of the former EFC...
- What does Student Aid Index (SAI) mean? : r/FAFSA - Reddit
SAI (Student Aid Index) is in replacement of the former EFC (Expected Familt Contribution) as of this new update to FAFSA, and was created to minimize the shock that many parents were feeling when given the total they would have to pay (or something like that, idk!
My SAI score was 21000. Still trying to figure out what it means. Filling out the application, the net worth section, checking account, savings...honestly they weren't high numbers because investments are in retirement accounts (and they aren't exactly super high either), we don't have real-estate, savings is barely 2 months emergency fund, 529 ...
30 Μαΐ 2024 · Students and families ask: What is this new Student Aid Index, or SAI? How will this number affect the amount of college financial aid I receive? And what is a “good” SAI? These are great questions. The long answer involves lots of confusing calculations.
13 Δεκ 2022 · The new Student Aid Index (SAI) will replace Expected Family Contribution (EFC) as the calculated amount a family is able to pay for college for a given year. Colleges will use SAI in place of EFC in the fundamental equation to determine need-based financial aid eligibility.
12 Αυγ 2024 · The Student Aid Index (SAI) is a new metric introduced for the 2024-25 FAFSA to evaluate a student’s eligibility for financial aid in the United States. It replaces the older Expected Family Contribution (EFC) and helps colleges determine how much aid a student can receive.
21 Νοε 2022 · Update on Aug. 25: We replaced the 2024-25 Draft Student Aid Index (SAI) and Pell Grant Eligibility Guide Supplement – Pell Formulas and Enrollment Intensity attachment with an updated version that corrects information in two locations.