Just when I think everything went well for the FAFSA, my EFC appears to be 249782 instead of 99999 which is what I thought was the max for the EFC-_-. Why? I would understand if my efc was 99999 because my parents do receive an income of 400k and they have about 1m dollars in their current net worth investment. But going over the max? Is this normal or is it atleast not an uncommon thing?
To be honest, I don’t even feel like changing this because either way, my EFC is still going to be over the universities tuition that I applied to which is about 60k the most expensive.
I guess I can say thank you to my father for working so hard, huh?
By the way, to all the people who answered my other question about the FAFSA… Thank you so much for your help!!
That “max” of 99999 was from the previous version of FAFSA. They eliminated that artificial 5 digit limit. It really doesn’t matter. No school today costs more than 99999 so you’ll pay the full COA, max.
@Madison85 and if anyone else
Really sorry if only regarding my father came out as if I wasn’t thankful for my mother. I only implied that because my mom is not employed. However, I will say that I do love and am thankful for both my mother and father for dedicating their lives to provide me and my siblings the life that so many people hope to have.
And to anyone who read my question and thought that I was being rude in any kind of way, I apologize for coming off that way, too. Just like most people, I was very stressed and tensed about this whole fafsa thing with it being my first time filing for one, and just wanted to make a light hearted joke to ease the stress off. I do know that people who have low income or any kind of income do work very hard and sacrifice a lot to provide for their family and I deeply respect that.
So sincere apologies if what I said brushed anyone off in the wrong way.
Look, everyone fills out the FAFSA and very few are eligible. It may seem as if you are living a middle class life if you live in a big city, but your dad makes a lot of money. GL with your applications!
If you aren’t going to be eligible for financial aid and you don’t want to take federal loans, you don’t need to fill out the FAFSA (except for some schools where applying for merit aid required filling out the FAFSA to make sure you aren’t eligible for financial aid). For schools that are not need-blind, you are better off saying that you are not applying for financial aid.