Is my EFC too high?

LindaCarmichael
Tue, 06 Jan 2009 19:18:23 +0000

So, the EFC is for the family? In other words, if you have one child in college and your EFC is 10,000$ for one year, and then the next year, a second child goes to college, all things being the same in terms of income and assets, the EFC remains 10,000 total for both kids???