<p>I just finished the fafsa and it gave an efc of 99999. My wife and I together made 55000.00 last year working full time. We will both be dropping down to part time for school this fall. I didn't enter any of my parents info but my mom is unemployed and my dad makes 20000.00 a year. I have no assets and my total "cash, and savings" is about 1000.00. I didn't see any mistakes before submitting but now its "in processing" so I can't even look for mistakes. Please help!!</p>
<p>You must have made a mistake. FAFSA spits out a 99999 EFC when the numbers are too high to compute. When you get the SAR go over it very carefully. I would guess there is an additional 0 in the income level. Since you are married I don’t think you should have included any parental information (but if I’m wrong someone will correct me).</p>
<p>Agreed with Erin’s dad. There is a mistake somewhere. If you are a married undergrad, you should be reporting your income/asset, and your spouse’s income and assets. I can’t think of any way your EFC would be that high…unless you had huge assets.</p>
<p>No assets at all. And I didn’t input parents into fafsa. Hopefully it was just a mistake and I’ll be able to fix it…</p>
<p>If you’re married, why are you inputting parents’ income? Aren’t you considered to be independent.</p>
<p>As for the 99k EFC, it sounds like you put in an extra 0 somewhere.</p>
<p>He didn’t put parent info in.</p>
<p>It definitely sounds like a mistake. You need to go into your SAR and double check all your numbers. </p>
<p>Your EFC will probably be higher than you expect because although independent students have more income protection than dependent students it is not that high, and 50% of income over the protected income allowance and tax allowances goes to the EFC. It is unlikely your EFC will be low enough to qualify for federal grant aid such as the Pell.</p>
<p>damn you’re rich! LOL</p>