NASFAA's Off the Cuff Podcast

OTC Inside The Beltway: Making Sense of The SAI Formula Update and Latest Federal Budget Negotiations

02.29.2024 - By NASFAAPlay

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This week on "Off The Cuff," Allie and Karen are joined by Jon Fansmith, the American Council on Education's senior vice president of government relations and national engagement, to discuss an update to the Student Aid Index (SAI) formula from the Department of Education (ED), which allows the Student’s Contribution from Income (SCI) to have a negative calculated value with no floor. However, the team also discusses how a continuing resolution (CR) passed by the House would rescind that update. The team also walks through the latest updates around the Bipartisan Workforce Pell Act and the release of 100 system-generated test Institutional Student Information Records (ISIRs).

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