Was just wondering what the difference was between the EFC from FAFSA and the financial aid award from colleges that meet full need without loans. I filled out the CSS Profile and sent it to places that claimed to meet you all the way (Washington and Lee for example) but I was just wondering how much does the CSS Profile adds to what FAFSA said you should be able to pay. Thanks
There is no way we can answer this. There are things included in your Profile financials and we don’t know those…home equity, for example.
Are your parents divorced? Do they own a business? Are they self employed?
The colleges all have varying formulas.
Did you do the net price calculator for this college?
We can’t answer this question. Have you used the NPC? Do you have any circumstances noted above ( parents divorce, etc)?
The answer is readily available by using the NPC for each college. Although if your parents own a business the final determination might differ from the NPC.
The Fafsa EFC is not the formula a college uses. That’s why you go to the NPC, if you can use it.