FAFSA EFC exceeds income

thumper1
Mon, 19 Feb 2018 04:57:50 +0000

You did something wrong unless you have huge assets like a rental property.

Are your parents divorced? If so, your non-custodial parent income doesn’t go on the fafsa.

Is your custodial parent remarried? Did you include that income from 2016?

Any chance you put all of these items in both the parent AND student sections?

Did your parent include contributions to tax deferred retirement accounts on the fafsa? Those count too.

Did your parent do an Ira or TSA tollover in 2016?

Did you add any extra 0’s? Or misplace a decimal point?

Print it out and look line by line.

As an FYI your savings is supposed to be reported as of the date of the initial filing of the fafsa. Not sure you should have changed that.