FAFSA EFC exceeds income

lollypip
Mon, 19 Feb 2018 04:44:10 +0000

So my parents submitted a FAFSA a loong time ago and a school recently contacted us saying there were some discrepancies between our FAFSA and CSS. Here’s what we did today:

reported child support (previously 0, now like....3000?)

reported pre-tax retirement funds, like 401k (previously 0, now 100k+)

edited savings (previously 30k, now 5k)

edited savings for retirement (previously 0, now 30k)

Annnnd our EFC used to be 15k, and now it’s over 110k.

Our income is like right at 110k. Does this make any sense??? Does FAFSA expect my parents to use retirement funds for my college? I am so confused. My parents are looking for errors right now and I wanted to know if this is normal. ANy advice would be amazing, especially because the faid deadline for many of my schools was Feb 1st.

Thank you.