FAFSA EFC - too high or too low

Are you saying your EFC is 232229?

Your income would have to be VERY high…like well over a million dollars a year for that to be your FAFSA EFC.

Or your family would need to have a very high amount in assets.

Did you type something wrong here?

@caligirlsd if your family income isn’t that high…and you don’t have a LOT of assets…ypunneed to look at your FAFSA and see if you made a mistake. Here are some common ones:

  1. Did you include your parent income in both the student and parent sections?
  2. Did you include balances in your parent retirement accounts as assets?
  3. Did you put a decimal point in the wrong place...making something like $10,000 entered as $100,000? Or did you add an extra zero?
  4. Did you use the IRS data retrieval tool? If so, did your parents her an ITA or TSA rollover?
  5. Did you put parent assets in the student section?