Colleges and Universities That Claim to Meet Full Financial Need

<p>Running the NPC for WashU for my son put us at $52,000 paid out per year, versus an EFC of $35,000.</p>

<p>They are way up there for a middle class family near NYC. I have told my son that I would pay $35,000 to send him to school each year, but I find it really hard to justify paying $17,000 more per year than that. MIT is only $36,000 for us, Penn, Columbia, and Dartmouth in the same neighborhood.</p>

<p>Are schools allowed to say “EFC” if they use their own method to calculate it, instead of one of the two methods by the government?</p>