Change of residence

twosonspa
Tue, 24 Nov 2015 14:25:45 +0000

happymomof1, thank you.
In the EFC formula, parent contribution calculation is mainly based on parent income and asset. It also mentions that family home shall not be included in Net worth of investments. If we buy a house after landed, our net asset value will be much reduced. Then our contribution will be low, am I correct? Thanks.