Student Aid Modeling (SAI) Tool Results and Implications at PVAMU About the NASFAA Student Aid Index (SAI) Modeling Tool: • Intended to model how recent changes to federal methodology (FM) EFC, renamed the SAI, will impact student need and financial aid budgets on campuses. • Estimates the student’s Pell grant award under the new provisions. • These are only estimates based on FAFSA data retrieved for the 2023-24 award year. Pay attention to assumptions! • Data retrieved from Banner and imported into and excel workbook designed by NASFAA, where they’ve modeled the new SAI formula (very robust – high use of computer resources)
• 10,000 record limit • Key contributors:
• Joy D. Thomas – Director, Financial Aid • Swaytha Ramakrishnan – Systems Administrator II, Financial Aid • Todd Emo – Oculus/Banner Consultant • Margo Simmons – Oculus/Banner Consultant
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