Student Aid Index (SAI)
The information reported on the Free Application for Federal Student Aid (FAFSA) is used to calculate your Student Aid Index (SAI). SAI is a measure of your family's financial strength and is used to determine your eligibility for federal student aid.
The formula used to determine your family contribution was developed by the federal government and is used by all post-secondary institutions.
The SAI formula calculates the total financial resources of you and your parents (or spouse in some cases) then deducts the minimum amount needed for your family's normal annual living expenses. The remaining amount may, in part, be allocated for college expenses.
As the primary beneficiary of the investment in your college education, you and your family are ultimately responsible for financing your education. Understandably, many families cannot afford the entire cost of college. Financial aid, therefore, is available to help fill the gap between what you and your family are expected to provide and what it will cost to attend Saint Xavier University. To file for financial assistance, complete the Free Application for Federal Student Aid (FAFSA).