Alternate Summer SAI Calculation

You can generate a separate need calculation for Scheduled Academic Year (SAY) term programs in the summer to award Title IV funds independently from the standard terms.

Alternate Summer SAI Method

Note: This is applicable to the 2024-2025 and future Aid Years only.

Note: The alternate summer need calculation is only used for Subsidized Direct Loans and FSEOG.

When the Enhanced Calculation for Summer SAI feature is enabled, the summer need calculation uses the SAI and Summer Cost of Attendance (COA) and Other Financial Assistance (OFA). This is applicable for both Summer Headers and Trailers.

Required Setup

• Enter an effective date in the Summer_EFC_SAI_Need_Calc column introduced in the School workbook (SCHOOL.csv).
• Ensure you have the latest Award_Override_Criteria script used in the FAS Fund Config workbook (FAS_FUND_CONFIG.csv) delivered in the baseline configuration for Subsidized and Unsubsidized loans.

Here are some tips and considerations:

• Don't enable the feature for academic years which contain courses in the summer or for which you have already packaged summer financial aid, as this impacts the Direct Loan calculations. Enabling the alternate summer EFC calculation after Summer financial aid has already been packaged will generate a re-calculation of need for FSEOG and Direct Subsidized Loans for the standard and summer terms and may create a re-distribution in amounts in the student's package.
• The Summer SAI calculation is applied if the academic year end date is greater than the effective date set in the Summer_EFC_SAI_Need_Calc column of the School workbook (SCHOOL.csv).