<p>EFC is typically between 1/4 and 1/3 of your adjusted gross income. If you have significant assets (i.e. bank accounts), it will be more like 1/3...if not 1/4. I don't think most folks here will want to post their income and EFC on an open message board. Our EFC, however, was right in this fraction area and has been for five years.</p>
<p>For people making average incomes (around 40 - 50K), their FAFSA EFC should be much much less than 1/4 of that, unless they have significant assets. Because of the income protection allowance, most or all of that income will be sheltered for a two parent family.</p>
<p>I found some info from one year finaid package</p>
<p>Subsidized stafford $2,700
Subsidized Perkins $1,000
work study $2,300
need based grant $22,000
EFC- $13,000
COA $41,000
I believe that year our after tax income was around $42,000</p>
<p>just to show you that having strangers give you income and EFC figures won't say much without extensive details including assets, dependents, # in school, profile vs. FAFSA, etc, etc.</p>
<p>our AGI is about the same as emeraldkity's above (42,000 AGI) and my EFC is just $578.</p>
<p>Hsmomstef, of course mate. But it does give a rough idea of how well schools give aid etc which is what I want to see... which schools are generous with at least some factual information that people can take away.</p>
<p>"Subsidized stafford $2,700
Subsidized Perkins $1,000
work study $2,300
need based grant $22,000
EFC- $13,000
COA $41,000
I believe that year our after tax income was around $42,000"</p>
<p>of course the amount that we paid was about the same whether she had attended an instate school with little to no merit aid ( additionally I dont remember if those loans were subsidized), or the private school.</p>
<p>( which vesalay- was Reed College- )</p>
<p>another thing which I didn't realize at the time- was that while retirement accounts are not considered available for aid- all the funds that you put into those accounts during the tax year that is being evaluated * are* available for aid.</p>
<p>So say I put $4,000 in 2006 into a 401K, that income would be not taxable,( at the time) however, it is assumed to be available for tuition and adds to EFC.</p>
<p>EK4, it may be same as state school. The point I was trying to make is that even with an income of 42k/yr, parents are 'expected to pay about half. So if parents make 100 K/yr, they should not be shocked, surprised, moan, groan and rant about unfairness or injustices by invisble green men.</p>