Student Aid Index and EFC Flashcards
6 cards from real FAFSA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Student Aid Index and EFC flashcards as text
Which income threshold qualifies a family for an automatic zero SAI?
Answer: $60,000 or less
Families with an Adjusted Gross Income (AGI) of $60,000 or less may qualify for an automatic zero SAI.
What is the maximum possible SAI a student can receive?
Answer: $99,999
The SAI has a maximum value of $99,999, which would mean no federal need-based aid eligibility.
Which FAFSA simplification change reduced the number of questions on the form?
Answer: FAFSA Simplification Act 2020
The FAFSA Simplification Act of 2020 reduced the form from over 100 questions to about 36 questions.
What happens to a student's SAI if their parent has untaxed income like child support received?
Answer: It increases the SAI
Untaxed income such as child support received is added to income and increases the SAI, reducing aid eligibility.
Which DRT (Data Retrieval Tool) is used to transfer tax data directly into the FAFSA?
Answer: IRS Data Retrieval Tool
The IRS Data Retrieval Tool (IRS DRT) allows applicants to import tax data directly from the IRS into the FAFSA.
If a student's financial situation changes significantly after filing FAFSA, what should they do?
Answer: Contact the financial aid office for a professional judgment review
Students should contact their school's financial aid office to request a professional judgment (PJ) review based on special circumstances.