Expected Family Contribution?
My daughter is currently attending a Junior College. In two years, I expect her to be transferring to a 4 year college and my son to be starting at a 4 year college. When I fill out the Financial Aid Forecaster Application, it tells me my EFC is 2 million if I have only 1 child in school and 1 million if I have 2 children in school. Is that 1 million each child or 1 million total? Are their better financial aid packages for siblings going to the same school? (Obviously, my numbers aren't real.)