Neal Caffrey

FAFSA Expected Family Contribution Calculator

SAI Calculator (Formerly EFC)

Family Profile
Parent Financials (2023 Tax Year)
Cash, Savings, Investments (Exclude Home/Retirement).
Student Financials
Cash, Savings, Trusts, 529s (if owner).

Estimated Student Aid Index

Your SAI Number 0
Component Breakdown Contribution
Parent Income Contribution: $0
Parent Asset Contribution: $0
Student Income Contribution: $0
Student Asset Contribution: $0
Important Changes: The “EFC” was retired in 2024. The new SAI formula does not give a discount for having multiple children in college. It also allows the index to drop to as low as -1500 to identify students with the greatest financial need.

What Is the FAFSA Expected Family Contribution?

The Expected Family Contribution, often called EFC, was a number used by the Free Application for Federal Student Aid to estimate how much a family could reasonably contribute toward college costs for one academic year.

Starting with the 2024–25 school year, the EFC was replaced by a new number called the Student Aid Index (SAI). While the name changed, the purpose stayed the same.

In simple terms:
This number helps colleges decide how much financial aid a student may qualify for.


Why the EFC Was Replaced by the Student Aid Index (SAI)

The old EFC system caused confusion. Many families assumed it was the exact amount they would pay. That was never true.

The new Student Aid Index fixes several problems:

  • It can go as low as –1500, identifying students with very high financial need
  • It removes the discount for having multiple students in college at the same time
  • It makes Pell Grant eligibility clearer
  • It uses updated income protection rules

Your calculator reflects these newer rules while still helping users understand the idea behind EFC-style calculations.


What a FAFSA EFC / SAI Calculator Does

A FAFSA EFC calculator gives you an estimate of your Student Aid Index before you file the real FAFSA.

It helps you:

  • Preview financial aid eligibility
  • Estimate Pell Grant chances
  • Understand how income and assets affect aid
  • Plan college choices realistically

This calculator is not official, but it is extremely useful for planning.


Who Should Use This Calculator?

This calculator is helpful if you are:

  • A high school student planning for college
  • A parent trying to budget for tuition
  • A returning adult student
  • A counselor helping families understand aid

If you are filing FAFSA for the first time, this tool can save hours of confusion.


Inputs Used in the FAFSA EFC Calculator

The calculator you shared uses realistic inputs based on current FAFSA logic.

Dependency Status

  • Dependent: Under 24, relies on parents
  • Independent: Married, veteran, graduate student, or meets FAFSA independence rules

This choice decides whether parent finances are included.


Family Size

Family size affects how much income is protected from the calculation.

Larger families get a higher income protection allowance.


Parent Financial Information (Dependent Students)

Included only if the student is dependent.

  • Parent Adjusted Gross Income (AGI)
  • Parent Net Assets
    • Cash
    • Savings
    • Investments
    • Excludes home equity and retirement accounts

Student Financial Information

Used for all students.

  • Student Adjusted Gross Income (AGI)
  • Student Net Assets
    • Cash
    • Savings
    • Trusts
    • 529 plans owned by the student

How the Calculator Estimates Your Student Aid Index

This calculator uses simplified but realistic math based on FAFSA rules.

Parent Contribution (Dependent Students)

  1. Income protection allowance is applied
  2. Estimated taxes are removed
  3. Remaining income is assessed at a partial rate
  4. Parent assets are assessed at about 12%

Student Contribution

  • Student income above the protection level is assessed at 50%
  • Student assets are assessed at 20%
  • Negative income does not usually reduce SAI further

Final SAI Result

All contributions are added together.

If the result is below –1500, it is capped at –1500.


Understanding the Results Section

Once you click Calculate SAI, you see:

Your SAI Number

This is the estimated Student Aid Index used by schools.

Lower number = higher financial need.


Pell Grant Indicator

The calculator shows one of three messages:

  • Likely eligible for maximum Pell Grant
  • Likely eligible for partial Pell Grant
  • Unlikely to qualify for Pell Grant

This is an estimate, not a guarantee.


Component Breakdown

This section shows:

  • Parent income contribution
  • Parent asset contribution
  • Student income contribution
  • Student asset contribution

This breakdown helps you see what is affecting your aid most.


What This Calculator Does Well

  • Uses updated SAI logic
  • Shows clear breakdowns
  • Handles dependent and independent students
  • Allows negative SAI values
  • Simple and fast to use

It balances accuracy with usability.


Important Limitations to Know

This calculator is an estimate only.

It does not:

  • Replace the official FAFSA
  • Account for every tax detail
  • Include all FAFSA exceptions
  • Guarantee aid amounts

Colleges may also adjust aid based on their own policies.


How to Use This Calculator Strategically

  • Run it before your senior year
  • Test different income scenarios
  • Compare schools realistically
  • Plan savings and work income
  • Avoid financial aid surprises

Even small changes in income or assets can affect aid more than people expect.