What contributes to the EFC?

knightforum
Wed, 27 May 2009 13:48:13 +0000

I was playing with numbers on the EFC calculator at finaid.org, and it came out to be that if I have any savings I will have to contribute a percentage to it, no matter what. But, if I had student income, with no savings I would not have to contribute anything.

So FAFSA encourages you to spend all earned income. Is there a way to get around this, while still saving?