FAFSA income limit?

swimcatsmom
Fri, 20 Nov 2009 23:36:42 +0000

right? or wrong?

Wrong. Depends on the cost of the school. The subsidized loan is awarded if there is ‘need’. If the EFC is $30,000 and the school COA is $35,000 then there is ‘need’ of $5,000 so the student may get part as a subsidized loan. If the EFC is 30,000 and the school COA is $28,000 then there is no ‘need’ so the loan would have to be unsubsidized.