How will sibling graduation affect my EFC?

stephenross418
Sat, 20 Feb 2010 17:12:35 +0000

Next year I will be doing my first year of undergrad. My brother will be in his senior. He attends a state school that my parents have been able to afford mostly out of pocket, so they never filed fafsa for him. I plan on attending Fordham, so they filed fafsa for me and listed that I had a brother in school. Our EFC is reasonable, but I will be taking out some loans. Before I make my choice, I wanted to know how our EFC will be affected by my brother’s graduation? I can definitely afford to go to Fordham if my aid remains the same or close, but will our EFC double with only one student in school? (My parents are taking out loans of their own for next year to make sure they can contribute some to both, but after my brother graduates they are just going to move the money they used for his school to mine.)