The Pupil Support Index (SAI) changed the Anticipated Household Contribution (EFC) for the 2024 – 2025 FAFSA (which households are submitting proper now).

Nonetheless, this has led to plenty of confusion. What does SAI imply? What’s a great SAI? Will I nonetheless get support? Is the SAI what you are anticipated to pay for faculty?

This is what it is advisable know.

What Is The Pupil Support Index (SAI)?

The Pupil Support Index (SAI) is rather like it sounds – an index. The quantity represents a tough estimate of your loved ones’s monetary want for faculty. It’s totally very similar to the Anticipated Household Contribution (EFC), however because of the complicated nature of the EFC, lawmakers have determined to make a change. Nonetheless, the truth is that the change is usually in title.

The purpose was actually to focus on that the Pupil Support Index is NOT essentially what you are anticipated to pay for faculty. As a substitute, it is only a numerical illustration of your loved ones’s monetary want. 

The SAI can also be used to calculate Pell Grant eligibility.

What Is A “Good” SAI?

When most individuals ask a few “good” SAI, they’re eager to know what SAI quantity will qualify for essentially the most monetary support.

However it’s necessary to keep in mind that it isn’t the SAI that “provides” you support – the Division of Training forwards your FAFSA and SAI info to your school, who then can award you monetary support. That monetary support award might embrace Federal grants, college scholarships, pupil loans, work research, and extra.

The thought behind the SAI is to higher quantify monetary want.

The decrease the SAI quantity, the extra monetary want your loved ones has. The bottom attainable SAI is -1500. An SAI from -1500 to 0 qualifies for the total Pell Grant.

An SAI above 0 should still get a Pell Grant, however it’s going to rely upon the price of attendance of your school. You may see how the formulation for Pell Grants works right here.

As your SAI will get larger, the much less monetary want your loved ones is demonstrating. As soon as your SAI is above 20,000, the percentages of getting need-based monetary support will probably be slim, anticipate at the most costly faculties.

You may see the full breakdown on this SAI chart.

Folks Additionally Ask

What Does An SAI Of -1500 Imply?

An SAI of -1500 is the bottom attainable SAI rating. It signifies that you are eligible for a full Pell Grant, and can probably qualify for different need-based monetary support.

What Is A Excessive SAI?

The SAI has no higher restrict. Nonetheless, as soon as your SAI exceeds 30,000, it is impossible you may obtain any kind of need-based monetary support.

What Is A Low SAI?

The bottom SAI is -1500. Nonetheless, an SAI from -1500 to 0 is all thought-about the identical and certified for a full Pell Grant.