<p>Our family doesn't earn a lot of money...more on the middle to low income side. But I was ruled ineligible for financial aid because our EFC is too high...
would it be the six figures in the bank that made me ineligible? I'm curious to know...</p>
<p>what's EFC?</p>
<p>Six figures in the bank will do that, as six figures in the bank would cover the six figures or less of college education.</p>
<p>EFC = Estimated Family Contribution.</p>
<p>Yeah, that's what we've been saving up for...
Just wondering, thanks :)</p>