Regarding your original question - our EFC for one was reduce by $8,000 with two in school. That number applied to each student, not divided by two. (Boo!)
- Student #1’s school’s policy is to not increase need-based aid for a second student entering college since that is not “an unexpected event, like a job loss or severe uninsured illness.”
- Student #2 is expected to received no school need-based aid unless it comes from her major department. She received a small amount of work study. We will be paying crazy OOS cost for her program. (It is where she needs to be and we as parents can see this.)
- For us, EFC has no relation to what we are paying for next year. It was very close at student #1’s school for years 1 and 2, so at least we had that.
- We will do much more research for Student#3 when she build a college list in two more years. Based on her stats, etc, she should have some good options.