<p>^^The rule of thumb for ALL assets is that 5.6% is allocated towards EFC. Thus, home equity (or any other asset) of $190k, would increase your EFC by ~$11k, assuming the equity is not capped as it is by some colleges.</p>
<p>^^The rule of thumb for ALL assets is that 5.6% is allocated towards EFC. Thus, home equity (or any other asset) of $190k, would increase your EFC by ~$11k, assuming the equity is not capped as it is by some colleges.</p>