Median Cost College Act

College Cost Reduction Act Improves Financial Aid

The recently released College Cost Reduction Act (CCRA) improves the financial aid system. The determination of a student’s financial aid eligibility involves two key components: the Student Aid Index (SAI) and the Cost of Attendance (CoA). The SAI represents the government’s estimate of what a student—and their parents if the student is dependent—can afford to contribute […]

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