<p>What is the expected payoff for applying for FAFSA?</p>
<p>Families that make 50k?
Families that make 100k?</p>
<p>There’s no payoff-- FAFSA does’t give any funds.</p>
<p>Your financial aid offer depends on the EFC (Expected Family Contribution) as calcuated by FAFSA and/or Profile applications, and the generosity and policies of the college making the offer.</p>
<p>The EFC is the result of a formula that takes into consideration the income of parents and student, the assets of parents and student, the number in the family, the number in college, the age of the older parent, and a number of other things.</p>
<p>Learn more reading threads here, or get “Paying for College Without Going Broke” to learn how it works.</p>
<p>Thank you.</p>