Financial Aid

SAI

Student Aid Index. The current FAFSA-calculated number used to determine federal and most institutional financial aid eligibility.

The Student Aid Index (SAI) is the dollar figure produced by the FAFSA that colleges use to determine federal aid eligibility and, in most cases, institutional need-based aid. SAI replaced the prior Expected Family Contribution (EFC) starting with the 2024-25 FAFSA.

SAI can be as low as -1,500 (signaling exceptional need) and rises with family income and assets. A school's net cost is roughly the cost of attendance minus the financial aid awarded, where need-based aid is targeted at the gap between cost of attendance and SAI.

The SAI methodology changed several formulas from the older EFC system. The most significant changes for families: the discount for having multiple children in college simultaneously was removed, and small-business assets are now counted differently. Run each school's Net Price Calculator to see how the change affects your specific family.

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