Why is my EFC so high?

cptofthehouse
Mon, 27 Apr 2020 13:21:57 +0000

The FAFSA EFC is no deep buried secret. You can get the formula and plug in your numbers and see for yourself if something is not right.

What was your FAFSA EFC last year? What has changed?

You alone, from the very little info you have given could possibly be contributing up to $3750 to the EFC, as others have said. Also, were previous year financial aid figures reported in your income? As others have said, any money being taken out of retirement plans could also boost your mothers income. You should understand how that EFC is calculated.

Sometimes the college’s expected contribution figure is mistaken for the FAFSA EFC. They generally have nothing to do with each other.