<p>*Am I misunderstanding? I read this as reducing the income that gets an AUTOMATIC 0 EFC, but that many families would still qualify for a 0, or very close to 0 EFC based on the full calculation. I think that there are some issues with the Automatic 0 EFC, and with the much simplified FAFSA in use now, not a lot of reason to assume that financial circumstances and assets look close to the same for all families earning around $30K. *</p>
<p>IF it is changing how people qualify for auto 0, then I agree. It’s silly that someone can have a lot of assets, but a low income, and get an auto 0. I also don’t think student’s assets/income should be ignored with auto 0. Maybe the first few thousand in assets or the first $6k in income, but if the student has a lot in assets or income, it shouldn’t be ignored.</p>