Cold Parents during College Admissions

Our family income is similar to your projected income. We don’t have large savings or property other than our primary residence and our EFC is in the neighborhood of $5k. Yours may be different depending on actual income and assets. With that EFC, all my son will qualify for is the federal student loan ($5500 as a freshman, $6500 as a soph, and $7500 each year as a junior and senior) and maybe a Pell grant of a few hundred dollars. Your best bet is to check out colleges that will give you merit money for your stats. Make sure you have a financial safety in the mix too.