Is my EFC too high?

kelsmom
Tue, 06 Jan 2009 23:13:37 +0000

The EFC is for the family, LindaCarmichael. There is a student contribution component (unless the family qualifies for automatic 0 EFC), so two students could have a different EFC - basically, the parent & student info is used to compute the EFC, then it is halved if there are two kids in college. So if Suzie earns a bunch more money than Tommy, her EFC could be higher than his.

Grayareagirl, yes, EFC is by year. You file the FAFSA each year, and your EFC can change from year to year.

OP, are you sure you entered two in college in the household info? If not, that’s the problem. If so, something else is wrong (unless you made a lot more last year, or your kids have great jobs/a bunch of money saved).