🏫 College Advising

A college's financial aid office uses a student's Student Aid Index (SAI) primarily to determine which of the following?

A The total cost of attendance for the student.
B The maximum amount of federal student loans the student can receive.
C The student's eligibility for need-based federal and institutional financial aid.
D The specific interest rate for any federal student loans offered.

✓ Correct Answer: Option C

The SAI (formerly EFC) is a key factor in calculating a student's financial need, which then dictates eligibility for various need-based federal and institutional aid programs.

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