2024-2025 FAFSA: What is the SAI number and what does it mean to me?

In this video, I'll be explaining what is the use of Student Aid Index (SAI) number for the new 2024-2025 Free Application for Federal Student Aid (FAFSA). I'll explain how SAI number affect your financial aid.
Get your free personalized college planning report: www.monicafelton.com/college/
This will tell you your SAI and if you will get financial aid!
#collegeplanning #financialaid #fafsa #sai
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I help families save and pay for large capital expenses (like college) in the most efficient way so they don't sacrifice their financial future. With education that people can see, hear and understand, I motivate people to take action, financially, so they can achieve their financial freedom quicker!
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[@user-dizoro]

thanks, that is really really good n valuable stuff!

[@MonicaFeltonCFP]

You're welcome!

[@MonicaFeltonCFP]

There is my understanding that you can go back in and change the FAFSA. If you’re unsuccessful, you would need to reach out to each school individually and tell them of the mistake.

[@samling4246]

Hi, I mistakely put my parent's TSP retirement stocks as parents ' assets on FAFSA. I am wondering if i can still make a correction after I already received the PAL? Thank you!

[@josiahfisher4791]

Young married grad student here... I am completely independent from my parents and have an SAI of -1500. In the COA - SAI = Need equation you presented, would my Need be capped off by my COA? Or would my Need > COA by 1500?
Helpful video--thanks very much!

[@MonicaFeltonCFP]

No, you are only eligible for the total COA. They don’t give you $1500 more!

[@josiahfisher4791]

Ok thank you!!

[@nuggetlovesgilliananderson]

when being super poor actually benefits you 😂