Under the FAFSA Simplification Act, what new index replaced the Expected Family Contribution (EFC) as the primary metric for determining a student's federal financial aid eligibility?

✓ Correct Answer: Option B

The FAFSA Simplification Act replaced the Expected Family Contribution (EFC) with the Student Aid Index (SAI). The SAI is used to determine a student's eligibility for federal student aid, calculating how much financial assistance a student may need.