Is my EFC too high?

thumper1
Wed, 07 Jan 2009 09:46:37 +0000

Well…I can only think of several things…First…as Kelsmom noted, are you sure you put the correct number of members in your household AND the correct number in college? Second…do you have college savings in the kids’ names? If so, that would have an impact on the EFC. The college savings in child 2’s name would not have been on the FAFSA for child 1, I don’t think. Third…do either of your kids have significant income or assets? If so, again…the income and assets of child 1 would not appear on child 2’s FAFSA (and the other way too). Fourth…did you have any substantial change in your assets or income over the 2008 calendar year?