What if my income has significantly changed since the tax year used on the FAFSA?
Laura Inlow
Last Update 1 年前
The U.S. Department of Education calculates your Student Aid Index (SAI) from the information you report on the FAFSA (Federal Application for Federal Student Aid). The SAI is an eligibility index number used by colleges and universities to determine the amount of and types of federal aid you may be eligible to receive.
Your SAI is calculated using the information you provide on your Free Application for Federal Student Aid (FAFSA) form. Most of the tax information used to calculate the SAI is transferred directly from the IRS into the FAFSA once you provide your consent and approval.
You and your family are expected to make a maximum effort to finance college expenses. Financial assistance is meant to supplement that effort.