<p>Very sorry, I wrote my last post in a hurry. cpt and mom2 explain it correctly (and I did so on the earlier thread, but read and posted too quickly today). The law (although it may not be followed by some schools) is that if a school goes with the lower IM EFC, then the FA package cannot contain Federal Work/Study or Federal subsidized loans. Some of the “full need met” schools use institutional loans and/or institutional campus jobs to substitute for the Federal aid, but many schools are unwilling to do this and instead default to the higher FAFSA EFC - certainly not an equitable solution, to follow one formula for probably 90+% of the students and another formula (which they themselves view as less accurate and less equitable) for the rest. Kudos to those few schools who apply the same methodology to everyone.</p>
<p>That’s what I get for speed-reading and posting in haste - I usually know better. Ack.</p>