Common Page Elements for the FM Simulation Component

The following elements appear on the Student/Income Assets page, Student Information page, Parent Income/Assets page and Overrides page.

Field or Control	Description
Get Federal Data	Click this button to copy the student's latest ISIR data from the Federal Extension record to this page.
Calc NAC (calculate need analysis calculation)	Click this button to invoke a Remote Function Call of the FM NAC.
Use Simulated Data	Click this button to move the simulated data into production.
Federal Extension	Click this link to access the Simulation Federal Extension page and make changes to an existing extension or override the Global Policy Options at the student level.
Need Summary	Click this link to view a student's need summary. Need summary information reflects only current values. New data that you have calculated is not reflected on Need Summary pages until you click the Use Simulated Data button.
Monthly EFC	Click this link to access the Simulation Monthly EFC page to view the FM calculated monthly EFC for months 1-8 and 10-12. Note: This feature is only applicable to the 2023-2024 and prior Aid Years.
Formula Type	Displays the formula type used in the FM NAC calculation. When you click the Get Federal Data button, the system populates the ISIR formula type on record and updates the formula type when the FM NAC is called.
Primary SAI/EFC:	Displays the 9-month SAI/EFC. When you click the Get Fed Data button, the system populates the ISIR Primary SAI/EFC on record and updates the Primary SAI/EFC when the FM NAC is called.
Prorated SAI/EFC:	For the 2024-2025 and future Aid Years, displays the 9-month SAI. For the 2023-2024 and prior Aid Years, displays the 9-month or other than 9-month EFC. When you click the Get Fed Data button, the system populates the ISIR Prorated EFC on record and updates the Prorated EFC when the FM NAC is called.