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What Is A Good SAI (Student Aid Index)?This question is about the Student Aid Index. The Student Aid Index (SAI) replaced the Expected Family Contribution (EFC) for the FAFSA (which families are filing right now). However, this has led ...
One major change is replacement of the expected family contribution – a formula to determine need-based financial aid eligibility based on answers families provide on the FAFSA – with the ...
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Can We Increase Financial Aid to Help Pay for Our Child's College? We Have a $500k Brokerage Account and $250k in Retirement AccountsStudent aid is calculated based on a formula called Expected Family Contribution, “EFC.” This is the amount that the government assumes a family can pay for their student to attend college.
We do this by subtracting the amount of your Expected Family Contribution (EFC)/Student Aid Index (SAI) according to the results of your Free Application for Federal Student Aid (FAFSA) from the cost ...
Some alternative options include the following: In short, it’s up to each family to determine the best way to cover the expected student contribution. Regardless of your decision, your scholarship ...
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