<p>Did this happen to anyone else. My stepdad's salary went down a few thousand so my EFC went from 6904 to 3456. </p>
<p>It seemed like a big jump. I already got a big financial aid package from Dickinson College, so will they give me a new package now that I've finalized the FAFSA?</p>
<p>Mine went down when I updated... unfortunately it only went down about $50. ;)</p>
<p>A few thousand dollar drop in salary shouldn't result in a $3500 drop in EFC-- something else was changed. Did you change any of the student asset numbers when you did the correction? Or did the AGI go from over 50K to under 50K (there's a threshold there that might explain the difference).</p>
<p>The new EFC makes you eligible for a Pell grant, which is good. You'll receive a revised package from your college.</p>
<p>My EFC went down when I corrected my FAFSA now that we've done our taxes, too. Mine went from 6238 to 4202. But it wasn't because of income--it was because the first time we filled out the FAFSA, we made a mistake which I just caught when making corrections. We said we had a lot of money in a farm, without noticing that it says "DO NOT INCLUDE a family farm that you live on and operate." That's our case--we live on and operate a small family farm. So that value for that question went from a lot to 0. It was a significant change.</p>
<p>I hope that my colleges notice my corrected FAFSA and use it, because my EFC's a lot lower. They will, right? I'm just paranoid.</p>
<p>And I hope they don't think anything fishy is going on because of the big change. We just didn't understand the question the first time.</p>
<p>My family's salary went down $10,000 would this revised EFC make sense?</p>
<p>Probably. 'Contributions' from Income over the protected income allowance varies from 22% up to 47% depending on income levels so that seems to make sense.</p>