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garland · 07-23-2008, 07:10 PM

I'm not so sure about the 0 EFC. The house in your name, whether sold or not, is an asset, just like the 30K, and will be considered as such. Schools do not generally think it's incumbent on them to leave you with assets to start life with post-college, as most student will not have these ( though they may or may not have gone through the exigencies you have. I work at a school where hundreds of students have had difficult to horrendous life experiences, and none will graduate with anything remotely defined by the word "asset.")

You might want to focus on merit schools which could award you scholarships regardless of your assets.

07-23-2008, 07:10 PM	#9
garland Super Moderator Join Date: Aug 2004 Location: New Jersey Posts: 3,711	I'm not so sure about the 0 EFC. The house in your name, whether sold or not, is an asset, just like the 30K, and will be considered as such. Schools do not generally think it's incumbent on them to leave you with assets to start life with post-college, as most student will not have these ( though they may or may not have gone through the exigencies you have. I work at a school where hundreds of students have had difficult to horrendous life experiences, and none will graduate with anything remotely defined by the word "asset.") You might want to focus on merit schools which could award you scholarships regardless of your assets.