EFC with full tuition scholarship/EFC confusion

<p>More bad news…</p>

<p>Colleges get to decide where the scholarship will be deducted from :(</p>

<p>For example, If your child receives an outside scholarship of $1,000, and the school had offered a financial need-based grant of $5,000 and a loan of $5,000, they can choose to deduct the $1,000 from either the grant or the loan portion.</p>