FAQ What does SAI mean on FAFSA? SAI stands for Student Aid Index. It replaced Expected Family Contribution (EFC) starting with the 2024-25 award year and it's used by your school to determine the ...

Right now, students receive their expected family contribution (EFC) after submitting the Free Application for Federal Student Aid (FAFSA). The EFC is a number that colleges use to determine how ...

Parents can't afford their EFC, or expected family contribution, after filling out a FAFSA to get financial aid. Some have turned to drastic measures.

Understand what your Expected Family Contribution (EFC) means, how it's calculated, and its role in determining your financial aid eligibility. Business Insider Subscribe Newsletters ...

For families who are familiar with the term Expected Family Contribution, or EFC, that is no longer part of the FAFSA form. Now, instead of an EFC number, you’ll receive a Student Aid Index ...

Then the state and federal government, colleges, and other organizations use this number to help determine your financial aid package at a given college. In general, the EFC is between 22 to 47 ...

"Your EFC is the number that college financial aid staff uses to determine how much financial aid you would receive if you were to attend their school. It is calculated with a formula established ...

College students and their parents should mark their calendar because July 1, 2023, will be a big day. It’s the day that many new financial aid rules go into effect thanks to a funding bill ...

For the first time in 40 years, students will see a completely revamped Free Application for Federal Student Aid (FAFSA). These changes are part of the FAFSA Simplification Act and should benefit ...