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<p>Okay, something is just plain wrong here for Kdog – there HAS to be something that was originally in the CSS that has caused the gap. </p>
<p>That first year, you were gapped by about $4,300. At a guestimate rate of 5.6% of assets (just based on how FAFSA counts assets - of course, no one know how UMich does it) somewhere on that CSS, erroneous or not, there must have been about $80 k in either home equity or non-registered funds…</p>
<p>The problem is, they use that first year as a baseline, then only use FAFSA each year thereafter to adjust. So whatever counted against Kdog in year 1 likely has carried forward.</p>
<p>If the plus was used to cover the EFC, that’s not really part of the equation. But the 30k figure is pretty typical from any program these days – including those that meet demonstrated need.</p>