Assets included or not included in EFC calculation.

<p>This is where the student has to get involved; applying for scholarships, working part-time, taking out subsidized loans (there are maximums that students may take out yearly), and not asking for cars and other expensive items which they could do without for the time they are in college. The student themselves needs to take a vested interest in their education. They will have plenty of years to reap what they sow.</p>

<p>And trust me, I know. I’m a single parent with a moderate income. I do not own a home. My car is 9 years old. My child and I split her contribution 50/50. I will not take loans. This is her education, not mine. Heck, I’m still paying off my student loans, and will be for another 5 years!</p>