EFC and FAFSA Troubles! Please help!

Paying for College
1

<p>I'm sorry if this has been asked before, but I'd like to double check/clarify that I have a mistake on my FAFSA.</p>

<p>When my brother went to college, his EFC was 0. This about 2-3 years ago. My mom is the only one who works in our family, and her income hasn't changed very much. It's increased, but not enough that I think would make my EFC so high. My EFC is the same amount as my mom's AGI, which is $47k. My immediate family consists of my parents, my sister (who has her own job and lives away, so she's not dependent?), my mentioned brother, and me. I don't know if any colleges have suddenly decided to up their prices, but my friends say that my FA is probably incorrect as it is. I also have Cal Grants, but I believe it doesn't get added to my FA until I graduate and send my last HS transcript. (I also don't have a bank account, nor do I have a job/part-time job, if it helps any.)</p>

<p>I figured something went wrong when I filled it out. I tend to fill out my own forms and ask my parents for the information I don't know when filling it out. I might've put my mom's annual income into our family assets; or so my dad claims. I'm going back to double check everything, but I'd like to know if it's okay to contact my colleges and request for them to look over it again? If it's as it is, I'll probably have to go to a community college because my family can't afford to pay that much. Should I wait for the corrected FAFSA to process (3 days) and then email my colleges, or email them once I correct it and hope they get the right information? And do you get less money at this point when something went wrong?</p>

<p>Could someone please explain what counts into the EFC? Is it just AGI, Assets, and whatever savings you have? Unfortunately, I don't think I know enough about this process so I'd really appreciate it if someone could nudge me in the right direction here. Thanks!</p>

2

<p>Look, just start by going through the FAFSA very carefully. If there’s any question you’re not sure about, come back here and ask. (Someone’s almost always here!) When you’re ready to submit it, just list all your colleges - they’ll get the updated report. You can also contact them by email to let them know about the update.</p>

<p>I don’t honestly know how this impacts your eligibility for aid. If you filed your original FAFSA on time, you should be okay. But take this one step at a time - start by correcting your FAFSA.</p>

3

<p>My first suggestion is to make sure you did not also put your mom’s income for the question about YOUR income!</p>

4

<p>I agree. You should go through the FAFSA carefully to see if there is any error. Otherwise, I don’t see how would EFC = AGI unless you have a lot of assets.</p>

5

<p>the moms income is probably put in the student income section</p>