- Joined
- Oct 26, 2005
- Messages
- 118
- Reaction score
- 0
Has anyone received two EFC calculations? As I understand it, if your Adjusted Gross Income was less than $50,000, FAFSA does not take into account your Financial Assets (stocks, money markets, mutual funds, etc.). If your AGI was above $50,000, your EFC will be based on 2005 taxes AND net assets causing your EFC to increase.
Is this true?
Do you see two EFCs.....one with net worth (higher) and one without (lower).
Is this true?
Do you see two EFCs.....one with net worth (higher) and one without (lower).