This is how FAFSA/Financial Aid determines your Expected Family Contribution (EFC)

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huduvudu

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I posted this in info in the thread I started earlier, but I think that it is useful information that might get overlooked there:

I called FAFSA and they gave me these links to determine my "Expected Family Contribution" (EFC). This determines if you are elegible for different grants and subsidized vs. unsubsidized loans.

NOTE: If you buy a house, you do not have to report that as part of your assets (i.e. a good place to stash your cash). Once you have reported your cash/checking assets on the form, you cannot change it. Schools have access to your previous year's FAFSA

Here are the links:

http://studentaid.ed.gov/students/attachments/siteresources/EFC_Formula_Guide0304.pdf
http://studentaid.ed.gov/students/p...005/english/eligibility-criteria.htm#elegible

//studentaid.ed.gov/students/attachments/siteresources/EFC_Formula_Guide0304.pdf

//studentaid.ed.gov/students/publications/FYE/2004_2005/english/eligibility-criteria.htm#elegible

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Please post without ellipses...
 
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On a slight tangent, does anyone know how long it takes to get your SAR after turning in your FAFSA?
 
bbtbay said:
On a slight tangent, does anyone know how long it takes to get your SAR after turning in your FAFSA?

i got mine like less than a week later, im thinking about 3-4 days
 
tinkerbelle said:
the links don't work...

I tested them earlier and they worked. I'm not sure what happened. In any case, I added the straight url, without the http: in case they stop working again.

I'm new to posting, by 'ellipse' does the person mean bringing this from another thread?
 
bbtbay said:
On a slight tangent, does anyone know how long it takes to get your SAR after turning in your FAFSA?

I got mine within 24 hours.
 
huduvudu said:
I tested them earlier and they worked. I'm not sure what happened. In any case, I added the straight url, without the http: in case they stop working again.

cool. thanks :)

I'm new to posting, by 'ellipse' does the person mean bringing this from another thread?

I think she (he?) meant try posting the link without the dots.
 
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