Changing EFC after Financial Aid Packages!

<p>I just received an email today that my EFC had changed from 2128 to 3499. I already received all of my financial aid packages though. Is this change going to have a big effect on my final packages? Do I have to resend the FAFSA to everyone? Thanks in advance.</p>

<p>They will likely reduce your packages in accordance with the new EFC. The schools will download the FAFSA themselves in most cases.</p>

<p>Thanks for the reply. Are they just going to decrease it $1400 or will it be more than that?</p>

<p>The frustrating but standard answer is... it depends. The school's financial track record will give you an idea of how much. If the school meets 100% of financial need, the you can expect a dollar for dollar drop. If they meet less that 100%, then you can expect more than a dollar for dollar drop.</p>

<p>Ok thanks. I am almost definitely going to Northwestern and they gave me amazing aid. Much better than all of my other colleges. Hopefully this means they will do a dollar for dollar drop.</p>

<p>NW has a track record of meeting 100% of family need, so I wouldn't expect a drop anymore than the change in your EFC.</p>