<p>deleted…</p>
<p>I checked the business value and you were right, it doesn’t count. All these obscure factoids are tough to follow. My EFC is now $237k. Our assets in the form of investments is the largest number on the FAFSA, that being $425k. The next largest number is $138k, so I don’t know where this huge number is coming from.</p>
<p>You counted all the zeros in every entry? Hmm. It can’t be right. There is an error somewhere. You could clear all data and start from scratch. </p>
<p>I don’t know what you mean about counting zeros. I just know that investments and AGI are the largest numbers I submitted, at $425k and $138k, respectfully.</p>
<p>Counting zeros: entering 1380000 instead of 138000 for example, an extra 0. Sometimes people gloss over something like that, even when double checking, and miss it.</p>
<p>I meant sometimes people rush entering large numbers that have lots of trailing zeros and enter too many or too few. That’s all. It’s easy to still miss on a recheck, even when you are good at math.</p>
<p>Or they enter cents, but forget period. Don’t recall if FAFSA allows cents.</p>
<p>I too made the same mistake listing the value of my business of which I am the sole owner of. I just corrected it yesterday. It only changed my EFC for the twins by 4,000 total. (2k a piece) I initially put a value down as 200,000 and changed it to zero. So there was not much of a change. I agree that you need to check the assets. Sounds like you put in 4.25 million instead of thousands. </p>
<p>I think I saw a post last week in which someone had entered a number with cents and apparently it dramatically increased the EFC. It sounded like the system didn’t recognize the decimal. I would keep it to dollars.</p>
<p>Rdel…are you sure that you didn’t put an asset or something in the STUDENT section rather than the parents’ section?</p>
<p>are any of your investments another piece of property (other than the home you live in?) do you own any rental property?</p>
<p>Is it possible that in some way the income is in there twice? Under parent and under student? </p>
<p>I found the issue! I had repeated my parents info in the section asking for my info, so our EFC was doubled I believe. Thank you for helping me find this issue, I feel like an idiot. We are now down to a little less than $61k for an EFC, so even Ivy League scoops won’t give any aid I wouldn’t think.</p>
<p>Hey that’s great. You aren’t an idiot. You were bright enough to question it, ask for help, and figure out the problem. Too bad it’s still above aid level. You know qualified retirement accounts aren’t declared, just the amount added current year, right? And if it’s a mandatory contribution, you don’t have to list it.</p>
<p>I don’t think we listed anything of that kind. I don’t know what I’m stressing about here, seeing as I plan to be on military scholarship regardless, but thanks anyways for the help. </p>
<p>Glad you found that error. (not wishing to be a jerk, but it was one of the things I suggested you check in my FIRST response on this thread).</p>
<p>It’s common for people with college age kids to have a decent portion of assets set aside in tax-sheltered retirement accounts. If not, then not. I was just mentioning it in case any of those assets you are declaring are in such accounts. </p>
<p>I would have wanted to see the numbers come out right too, if it were me. It’ll drive you crazy when you know it can’t be right, even if you don’t expect to benefit from it once it is fixed. Thumper and mom2ck were spot on with their advice. I didn’t think of that one at all.</p>
<p>Hey, I hope you enjoy your ROTC experience and get the right scholarship at the right school for you.</p>
<p>“I had repeated my parents info in the section asking for my info,”</p>
<p>yup, a few of us thought that you might have listed your parents’ info in your section.</p>