New Student Aid Index (SAI) for College Replaces Expected Family Contribution (EFC)

Edward Goldstein |
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Starting in the 2024-2025 award year, the Expected Family Contribution (EFC) has now been replaced by the Student Aid Index (SAI). SAI is an eligibility index number that your school’s financial aid office uses to determine how much federal student aid you would receive if you attended the school.

Your official SAI is calculated using the information you provide on your Free Application for Federal Student Aid (FAFSA®) form, using certain information from your tax return.

To help you understand your family's financial aid eligibility in the college selection process, we have provided a link to the Student Aid estimator https://studentaid.gov/aid-estimator/

Developing a plan on how to pay for college can be a daunting task, and understanding your financial aid eligibility is crucial. The SAI is used to determine your eligibility for federal student financial aid and is an essential piece in the college selection process. With proper planning, there are many steps you can take to position yourself for a lower SAI, and the earlier you start planning, the greater the number of options!

If you would like to explore how we can assist you in understanding the Student Aid Index (SAI) and planning for college, please click on our free consultation link below.

Edward C. Goldstein, CFP®, MBA, President
CERTIFIED FINANCIAL PLANNER ™ Practitioner
Financial Life Planning, LLC
10,000 Lincoln Dr. East, Suite 201
Marlton, NJ 08053
Phone: 856-988-5480
Fax: 908-292-1040