The Student Aid Index (SAI) is a number used by college financial aid administrators to measure families’ ability to pay for college. It’s part of the process of determining how much need-based financial aid your student is eligible to receive. SAI will be the new name for what was previously known as the Expected Family Contribution (EFC), and it will go into effect on July 1, 2023, along with many other changes to the FAFSA and college financial aid process. Learn more about SAI, how it works, and what’s changing in my quick overview article.
Big changes are coming to the Free Application for Federal Student Aid (FAFSA) in 2023, and the changes could dramatically affect how much parents and families end up paying for college and how much financial aid their students receive. Learn about what’s changing, including the new Student Aid Index, in my in-depth blog for parents.
The ACT and SAT test have been a major part of the college admissions process for decades, but things have changed dramatically in recent years. and there’s now a big decision that students and parents need to make about testing. Find out what’s changed, what decision you need to make, and how it could impact your future, all in my latest blog.
Student loan forgiveness has been a big topic in political campaigns, but what does it mean for parents who may still have student loans, who may have already paid off their loans, or are sending kids off to college soon? Read what our mom blogger found out as she sought the answers.
Successfully planning for college requires a lot of work, especially for parents. They’re usually responsible for the financial side of things and need to provide guidance in other areas too. But students have several key responsibilities of their own, and in this article I’ll show you a breakdown of what parents and students should be working on individually and together.