<p>My biggest question mark right now is how my family will be looked at as far as EFC ... Our combined income is prob about 75,000. We have basically no real assets (besides a home and 3 cars) , no investments, no other real estate properties, no other income. No nothing - LOL,.... only one child will be in college right now (I have a younger son)...so how high could my EFC possibly be.... Are we too "rich".... or not "poor" enough :)</p>
<p>thanks....</p>
<p>You can go onto the Fafsa Forecaster and get that amount. You are probably looking at an EFC of about 15,000 for Fafsa but input your info into the forecaster and get your FM and IM. Remember your EFC is what you contribute - your child will also most likely be asked to get some loans as well - stafford, perkins.</p>
<p>Realize, that the majority of colleges in this country – including virtually all public universities except for U Virginia and UNC Chapel Hill – aren’t able to meet families’ demonstrated financial need. The most generous colleges are the ones that are the most difficult to gain admission to.</p>
<p>now that you mention it, I did the forecaster real fast late last year. Not sure if all my figures that I used were accurate, but I think I had an EFC of 11,000.</p>
<p>Sounds like a joke, really, but thanks though 
I guess I’ll find out. We are hoping for even a little scholarship money since we applied to the schools here in FL early…and hopefully Bright Futures will still exist in whatever form for the 2010/2011 school year.</p>
<p>Thanks !</p>
<p>^remember, as has been said here often: they do not assume you can pay that EFC out of current income. They assume past (savings) and future (loans) are factors, too. Realities may be different for all kinds of reasons, but that is basically why the answer “sounds like a joke.”</p>
<p>I know, and I didn’t mean to sound unappreciative of the answer…but it just seems so unrealistic somehow…but , lets see what happens.
thanks :)</p>