Financial Aid in Future Years

thumper1
Wed, 09 Jun 2010 22:21:03 +0000

Are upcoming kids accounted for in the oldest base year aid calculation



Well…they ARE counted as members of your household. Increased numbers in your household does reduce your EFC. In other words…if you have 5 children, your EFC would be lower than if you only had one…with the same income.

BUT the reduction is not as signficant as the one when you have kids in college simultaneously. As noted above, that divides your total EFC amongst the college student siblings.