FAFSA EFC looks......weird. Not a dollar figure. Not even remotely a dollar figure.

Paying for College
1

<p>So I downloaded and did a hand calculation of the expected EFC and got $11K (I know -- "yeah, right..." But I get it).
But on the FAFSA site, when I'm done with the application, it says "790083".</p>

<p>I've "corrected" the FAFSA to make sure I didn't enter income incorrectly. </p>

<p>Is anyone else seeing this? I was expecting a dollar amount.</p>

<p>Thank you!</p>

2

<p>Did you receive your SAR? What does THAT say?</p>

3

<p>790083 is a dollar figure but it’s obviously not correct. When you get your SAR go through the questions one by one looking for incorrect entries. You made a big mistake somewhere.</p>

4

<p>Someone else had a similar amount on another thread. They had entered the total values of both parents’ retirement accounts instead of just the amount contributed in 2013. Another student double entered incomes…listing parent incomes under BOTH the student and parent. Another had added extra zeros in a couple of places. Check your FAFSA line by line.</p>

5

<p>I only entered MY information (“father” is not in the picture). I had just done my taxes so had the income and retirement contributions entered correctly. They asked only if “total assets” EXCLUDING retirement savings was over $8500 (NO). And that’s it! I thought “extra zero” as well, but nope. Everything was entered correctly. </p>

6

<p>GOT IT. I had to review the PDF version. They are recording a VERY different contribution to retirement savings than I entered. I’ll try to correct, and then contact FAFSA help via live chat if I can’t correct it. If there’s an issue with the FIELD, I will report back here. </p>

7

<p>Did you by any chance have a rollover in 2013?</p>

8

<p>Nope. I put in the total amount contributed to my 401 in dollars AND CENTS which made it look like I put a million dollars away. Fixed. The calculated number is still 3 times what my manual calculation showed, but that’s another issue for another day. Thanks to everyone who said “REVIEW IT AGAIN.” :)</p>

9

<p>Good that you found it! You thought it would be $11k but it is around $33k? That means your gross income (including the money you paid pre-tax to retirement and possibly to an HSA) is around $125,000 and/or you have significant assets.</p>