Federal Need Analysis Methodology for the 2027-28 Award Year-Federal Pell Grant, Federal Work-Study, Federal Supplemental Educational Opportunity Grant, William D. Ford Federal Direct Loan, and TEACH Grant Programs

Summary

The US Secretary of Education announces annual updates to the Federal Need Analysis Methodology for student financial aid programs, including the 2027-28 award year. These updates will determine a student's Student Aid Index (SAI) for programs such as the Federal Pell Grant and William D. Ford Federal Direct Loan.