The impact of revisions in the content of the SAT and changes in the score scale on the predictive validity of the SAT were examined. Predictions of freshman grade-point average (FGPA) for the entering class of 1994 (who had taken the old SAT) were compared with predictions for the class of 1995 (who had taken the new SAT I: Reasoning Test). The 1995 scores were evaluated both on the original SAT Program scale and on the recentered scale introduced that year. The changes in the test content and recentering of the score scale had virtually no impact on predictive validity. Other analyses indicated that the SAT I predicts FGPA about equally well across different ethnic groups.