FAFSA vs IM

Paying for College
1

<p>Hey, is there a rule that if the FAFSA EFC is higher than the IM EFC that the institution MUST follow the FAFSA EFC? I think I read this somewhere but I am not sure. Reason I’m asking is one of the schools I was accepted to had a tentative IM 2k-4k lower than the FAFSA EFC.</p>

<p>Thanks</p>

2

<p>The college must follow FAFSA EFC only for federal funds like Pell Grants. Othewise, they can use whatever criteria they want.</p>