FAFSA basics

[thumper1]

You can run the FAFSA formula by hand. I think I am attaching the thread with a link to it. Click this link…the first post contains the 2020-2021 FAFSA formula link.

EFC formula 2020/21 released

That should say Schedule 1, not 12. Also there are exclusions. If you only file schedule 1 for capital gains, unemployment compensation, Alaska Permanent Fund dividends, educator expenses, IRA deductions, or student loan interest deductions, then you answer the FAFSA question as “No” that asks if you filed a schedule 1.

@mommdc hopefully she is seeing this…and can provide it.