College Confidential - View Single Post - EFC is 10x larger with Institutional than Federal?

emeraldkity4 · 01-16-2011, 02:16 PM

To be more specific about my situation, we have $285000 in equity on our own home, and $150000 equity on another home. With the 5.6% thing, I see where the $20000 came from.

So do you rent out this other home?

It is pretty common for schools that use PROFILE to expect you to access equity- so your best bet may be to include schools that only use FAFSA.

01-16-2011, 02:16 PM	#8
emeraldkity4 Senior Member Join Date: Aug 2004 Location: Pacific Northwest Posts: 10,917	To be more specific about my situation, we have $285000 in equity on our own home, and $150000 equity on another home. With the 5.6% thing, I see where the $20000 came from. So do you rent out this other home? It is pretty common for schools that use PROFILE to expect you to access equity- so your best bet may be to include schools that only use FAFSA.
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