<p>TKsmom:</p>
<p>please recognize that fafsa is used ONLY for eligibility for federal funds, such as Pell grants, or Perkins/Stafford loans, and some PLUS loans in certain situations. Other than that, a private college like BC relies solely on the CSS Profile. </p>
<p>As I posted earlier, one big difference between fafsa and Profile is that the latter uses home equity, while the former does not. The equity calculation is ~5.6%. Thus, $200k in home equity would increase your efc by $11k over fafsa, assuming everything else was the same. Home equity totaling $400k would increase your efc by $23k…</p>