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What is a good student aid index score?

What Is a Good Student Aid Index Score? The Student Aid Index isnt like a test or a report cardthere arent really good or bad scores, or scores at all. It just depends on your personal financial landscape. But just like the EFC, the lower the SAI, the more need-based aid a student may be qualified for.

What does 1500 sai mean?

Students qualifying for a maximum Pell Grant will have a Student Aid Index (SAI) between 1500 and 0. Student Aid Index (SAI) - Students who dont qualify for a maximum Pell Grant may still be eligible if their calculated SAI is less than the maximum Pell Grant award for the award year.

What is an SAI of 1500 mean?

SAI for Maximum Pell Grant Recipients A dependent student whose parents are not required to file a federal income tax return OR an independent student (and spouse, if applicable) who is not required to file a federal income tax return for the prior-prior tax year is assigned an SAI equal to -1500.

Why is my student aid index negative?

Students with a negative or 0 SAI are eligible for the maximum Federal Pell Grant. The difference is that a negative SAI indicates that a student has a higher need than a student with 0 SAI. This information can be used to prioritize how other grants with limited funding are distributed to students.

What does my student aid index number mean?

The Student Aid Index (SAI) is an eligibility index number that your colleges or career schools financial aid office uses to determine how much federal student aid you would receive if you attended the school. This number results from the information that you provide on your FAFSA form.

What does a high SAI number mean?

The higher the SAI number, the less student aid youll be eligible for. Quick Reference: Green: Eligible for need-based aid at Public 2-Year, Public 4-Year, Private 4-Year, Elite Colleges. Yellow: Eligible for need-based aid at Public 4-Year, Private 4-Year, Elite Colleges.

What does my EFC index number mean?

Your Expected Family Contribution (EFC) is an index number used to determine your eligibility for federal student financial aid.

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What is a good student aid index score?

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