<p>Why is it so off?? Every time I run it for any school that uses CB, the numbers come unrealistic!!! I know they are wrong based on my Fafsa EFC. Most Ivies use their own, but Penn uses CB and they are so different</p>
<p>What do you mean “off”? What’s “different”? The vast majority of schools do not meet need and therefore you will be gapped. </p>
<p>If you mean that Penn is much different than the Ivies, it’s because the Ivies have “super aid” that is pretty much unmatched by <em>almost</em> every other school in the country. </p>
<p>@romanigypsyeyes
Penn uses CB NPC and according to result my EFC is less than 5K. When I run the other ivies using their own my EFC is in excess of 35K. Even when I run my state school shows my EFC 3K, when in reality I’m going to pay 17K</p>
<p>You’d have to give some example numbers for anyone to comment realistically. There are schools who’s NPC on the school’s website link to an NPC on CB, but I’m pretty sure the NPC is still specific to the school. Aid awards can vary greatly among schools. Are the results you are questioning giving a family contribution that is too high or too low in your opinion? Few of the kinds of schools you are referring to base aid on the fafsa efc. Also, if your parents are self-employed, own a business, have rental properties etc. the NPC results are more likely to be inaccurate.</p>
<p>Romani, Penn is an Ivy.</p>
<p>^ Oh gosh, I’m so sorry. I was thinking Pitt, not Penn. <em>embarrassed face</em> </p>
<p>Penn using CB EFC of 5K - I know its wrong when is giving me Pell grants
UF using CB 3K - also wrong
Princeton using their own $38k</p>
<p>@annoyingdad
I’m the parent. In my opinion they are too low every time I use CB</p>
<p>I suspect most of us have not noticed big discrepancies. Maybe you made an error in the CB NPC. A missing 0 somewhere could do it easily.</p>
<p>Are the parents divorced? Are they self employed or own a business? Do the parents own real estate in addition to the primary residence? The NPCs are NOT particularly accurate under these circumstances.</p>
<p>If it were me, I would use the NPC on the college website. remember…these are your best estimate, not an assured award.</p>
<p>And if a school uses the profile, or their own form (as Princeton does), do NOT compare to the FAFSA EFC. Very often there IS a huge difference in these, one way or another. Remember, the FAFSA efc really is for determination of the Pell Grant, and other federally funded aid. The FAFSA is not used by these schools to determine the awarding of institutional aid.</p>
<p>Yes we did the CSS Profile and the supplement for both Penn and Princeton.<br>
I just did Penn again and again is giving me almost everything!!! lol
Did UF (state school in FL) and according to them is giving me $4600 pell grant and $5700 on state grants and school grant of about$1200. So my EFC is like 9300!!! How I wish that was true.
Both with Penn and UF my son is getting pell grant and how is that possible when I listed and income of over $100K? That’s how I know is off:((</p>
<p>Something is wrong. Are you listing too many kids in college? </p>
<p>NO!!! only 1 going</p>
<p>Well, I can understand P giving super aid, because it does. But no school should be saying that you’d get a Pell Grant when your FAFSA EFC is well beyond Pell.</p>
<p>What is your FAFSA EFC? With an income of over $100k and only one in college, your EFC should be over $20k.</p>
<p>@mom2collegekids
I honestly believe it’s the CB price calculator that’s wrong. Yes I know Penn can give super aid, but I know it’s still wrong. How can a state school cost me that too? Fafsa EFC is way over $20K:((
When I run any of the other schools with their price calculator they all come with BIG #s</p>
<p>Does UF use CSS as well?</p>
<p>^NO</p>
<p>I just ran the same numbers using Princeton own NPC (son deferred to RD) and EFC about $35K.<br>
Did Upenn (already admitted) using CB and EFC $3K!!! Something is definitely wrong with the CB site. I hope people are not applying based on these #s</p>
<p>I just ran UPenn’s NPC using around 150k income, 0s for a lot of things, 1 in college, 100k assets, and typical numbers for that income/assets range and got an EFC of ~30k. Obviously, I have no idea what numbers you’re using but that seemed about right to me. </p>
<p>I’m sure that’s right. I’m not going into details but we don’t have 100K in assets, and my house is worth less than what we still owe.
BTW, I’m the breadwinner and my income is 100% commission. There’s no guarantee. I’ve seen myself making NO money for 3 months:(( </p>
<p>As far as I know, the College Board site just uses the formulas supplied by the colleges. If something is wrong, it is because the college has provided the wrong formula. </p>