How do I decrease my EFC?

hudsonvalley51
Fri, 11 Jan 2008 13:59:44 +0000

emeraldkity4 – Where did you get the idea that the OP was earning less than $10 per hour? She said she earned $30K, which is closer to $15 per hour. Alimony and child care produces an additional $44K. I know that $74K in income may not FEEL like a lot of money in real life, but it is significantly above the average household income in America (and probably WAYYY above the average household income for single parent households). This fact, and the big savings account, makes it very easy to comprehend why the EFC is in excess of $20K.