Financial Awards posted online

spenier
Wed, 18 Mar 2009 01:16:02 +0000

The FAFSA EFC is used for federal aid dollars, a university can use a different formula to calculate an EFC to use for distributing their own money. My guess is that WashU is including assets and/or income in their EFC formula that is not included in the FAFSA EFC formula. Things like home equity and 401k contributions perhaps. Does anyone have insight on WashU’s formula?