Does high % of income deferral effect EFC under CSS/ PROFILE

adlgel
Sat, 10 Nov 2018 14:37:42 +0000

It’s helpful that you have defined your college budget for your two sons. But the challenge is that it will be hard to know what $120,000 will buy you for an education 3-6 years from now. That’s why folks are emphasizing the concern about applying AND being accepted to meets full need schools. If those aren’t in the picture then you need to apply to schools where COA is less than or equal to $35,500 freshman year (your $30,000 plus the $5,500 your son can borrow).

If merit aid is a possibility than the list can include schools where the cost of attendance is $35,500 plus whatever merit aid your son can get.