<p>When my younger sibling enters college, will my EFC change and will colleges recognize that and increase my aid package?</p>
<p>I'm very interested in this as well. My oldest starts college in August. I have another child who's a junior in HS. Several parents have told me their FA packages did indeed improve for their oldest when the younger child entered college. </p>
<p>FWIW, I asked several of the schools that accepted our D this year, "What would our financial aid package have been if we had 2 children in college?" Some just wouldn't answer. But those that would answer indicated an increase in grants at a level we would have expected. </p>
<p>So you should expect things to work out. But you can't be 100% sure until your sibling is attending as well and they run the numbers.</p>
<p>goru--in same boat, senior and junior children---have heard EFC stays relatively same and is split btwn two students...don't know if they factor in costs of attendance of each student etc.</p>
<p>Check with the schools directly. One school said they would increase the aid to the oldest student when the youngest enters. The 2nd said the first students amount would remain the same but the 2nd would end up with a better package due to the lower efc. When it's grant money, the schools can do whatever they want with it.</p>
<p>One school said they would see the EFC split 50/50, the other said it would depend upon college costs of the younger sibling. If it's a state school - they would see paying 60% of the EFC to them. These were both private colleges.</p>
<p>The FAFSA formula cuts the parental contribution to the EFC in half when two kids are in college at the same time. Profile multiplies the parental contribution by 60%.</p>
<p>Remember though, that there's a student contribution to the EFC, based on student assets and student income. So while it may be that for many families, when the second child enters college, the overall family EFC remained about the same, but was split between the two kids' EFC's, that would only be the case where both were FAFSA schools and the students didn't have much income or assets.</p>
<p>Remember too, that since most schools don't meet full need, and since most aid packages include loans, it's not really reasonable to predict that a families overall college costs will remain the same when the second child enters college.</p>