Introducing a New Expert Content Section: Careers
Impact of Dad's Recent Unemployment
Hi all! Filed the FAFSA in early October, got a $50,000 EFC (which was, at the time, completely out-of the question as well). My dad lost his job at the end of October and has still not found a job. Prospects are dim. He's considering going back to school to get a teaching degree. His income was about 2/5 of the household income.
Obviously, the 2016 financial information on the FAFSA and CSS does not reflect this. I understand that we will probably have to contact colleges individually and explain the situation, but do you think this will make any difference? Even before my dad lost his job, we could only pay $30,000 a year--the cost of living is extremely high where I live (northern NJ). Now, my family won't even be able to do that. Any insights?