FAFSA EFC with 2 kids in college

kelsmom
Thu, 05 Nov 2020 01:02:47 +0000

Yes, it sounds right. EFC is about 1/3 income at higher wages, and the asset protection allowance was reduced for 20-21. I know it’s not what you had hoped to hear, but hopefully the additional income will allow you to pay for an affordable school. I started earning more when my oldest started college, and we used the additional income for college. Once they graduated, we put the money that we had used for tuition to fund retirement accounts at a my much higher level than we had been.