Need some help with a financial aid question?

zippo222
Tue, 16 Oct 2012 08:03:51 +0000

I will add some information. Apparently my EFC was 0000 in the last fafsa report. Why I did not get financial aid, I do not know. My mother had handled my FAFSA at the time, and I was never informed by her or the school that I was eligible for Pell grants.

I would expect that I would receive the same EFC in the coming school year (as my mothers income and net worth have both dropped, as have mine) except for one significant change on my end. The sum of money I mentioned above has been transformed into liquid assets now (was “net worth” or “property” before), and based on EFC calculators I have used, this could affect the amount of money I am eligible for. I will see shortly whether or not this affects me or not.