Confused about EFC Number

thumper1
Mon, 02 Oct 2017 00:36:39 +0000

Check your entries on the FAFSA line by line. Make sure you didn’t make any errors at all. Make sure you entered parent stats in the parent section only.

You mention your parent income…is the $75000 before or,after taxes?

Also, what about assets…as those count too. This would include any savings they have in regular savings accounts, certificates of deposit, 529 accounts.

Also interest and dividends count too.

It’s not just income.

If your EFC is more than the cost of attendance at a college, you can still take a $5500 Direct Loan in your name.