FAFSA income limit?

mom2collegekids
Sat, 21 Nov 2009 13:13:13 +0000

*thank you, guys. I meant non-loan financial aid from the school, though - 80k is really the “cutoff”? *

Well, that just depends on the university (and often their endowments). Some privates can afford to be super generous to those with incomes in the $80k range, but many can’t. Some can offer to meet 100% of need w/o loans (those seem to be the ones with the deepest endowment pockets).

However, it seems, that once you start getting into the $120k+ range (with one child in college), the aid does go down significantly at these most generous colleges because your EFC is generally too high.

Which schools are you wondering about?

and…the above is right…debt doesn’t count (however, if the debt is from a big medical expense, then some colleges will take that into consideration)