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The Student Aid Index (SAI), which replaced the Expected Family Contribution (EFC), primarily represents what in the financial aid process?

A The total amount of federal student loans a student can borrow.
B An eligibility index number that financial aid administrators use to determine how much federal student aid a student may receive.
C The minimum scholarship amount a student is guaranteed by their chosen institution.
D The estimated annual cost of attendance at a specific college.

✓ Correct Answer: Option B

The SAI is an index number calculated from FAFSA data, indicating a student's eligibility for federal and some institutional financial aid. It's not a direct amount, but a metric to help colleges determine aid packages.

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