We didn’t get need based aid from the S’ schools, but I always fill it out because some of our local scholarships require it. For one in particular, I don’t think the EFC matters so much as the wealthier kids seem to get it as much as the others. For one of mine it’s been $5K/year. Definitely worth it. But I would still do it even for $500-1000. By the 5th time it’s easy peasy. I keep a copy of the previous year’s report next to me. And I also update all my bank account totals/important info every month in one spot for H (or someone in case we both died), so it takes very little time in our case. $500 may seem like a drop in the bucket, but if someone handed me $500 right now, I’d do the happy dance all weekend.
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