SAI (Student Aid Index) to replace EFC for 2023-2024

Update: Hi all. Just a quick updated. We called the top three schools - 1 public & 2 private (including the college my oldest attend) and inquired about the change. They all responded the same:

  1. They have not been informed of the changes to make any decision on revising their calculation
  2. If it becomes a mandate, then the school will grandfather current college students already enrolled; and/or extend to a certain year

So, I guess we will have to wait and see what happens. Thanks everyone.