estimation of efc

Paying for College
1

<p>I was wondering if there is a place where I can get a very good idea of what our EFC will be. I have a junior and we are trying to plan ahead. It seems that we can not fill out the FASA until next year and that seems a little late to get a firm idea on cost. Like many, his choices of colleges will reflect our abililty to pay. I am suspecting that we will not receive financial aid, which will reduce him to looking only at instate, public schools. I did look at the Princeton site. When I did the caculation it came back with a loan listed. I had thought that they no longer did loans so I was unclear about the results.</p>

<p>thanks for your help.</p>

2

<p>You can use the FA calculator on the college board's website (use both the federal and the instiutional methodology).</p>

<p>You can also look up college on the college board website. Just click the financial aid tab so you can get an idea as to </p>

<p>How much need the school meets (any school that does not meet 100% need is known to gap)</p>

<p>% of grants/loans</p>

<p>Average amount of debt at graduation</p>

<p>average amount of grant aid</p>