And I suggested at least twice upstream that this poster check each and every entry on their Profile and FAFSA forms. Every single one.
And Did the parents do a retirement rollover in 2019? If so, that might be the issue.
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That’s my point. I could be wrong but I don’t think any of the 4 schools I listed require both enrollment and housing deposits this early. There may be some benefit at UChicago to put down a housing deposit early but again I’m not sure you can do it this early. UChicago is also the only school on that list where an FA applicant doesn’t have to use CSS Profile. With such a large discrepancy in the FA offered, no one should put down deposits before their questions are answered.
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The FAFSA EFC, as an “Expected Family Contribution,” is basically meaningless for every college in the country. That’s why it’s good news that this term that is currently used for the FAFSA formula output will be changing in the near future. Yes, OP should double check every financial aid input, including the numbers reported on FAFSA, but what’s really important here are the school’s own NPC and the Profile.
You are missing my point but I’m not trying to argue with you. Yes I agree, check the inputs. Hopefully by now the OP has contacted the school to ask why this large difference exists btwn the NPC and the actual.
At a “top 10” school that promises to meet full demonstrated need, the FAFSA is the starting and ending point for determining federal need-based aid. That’s it. A Pell grant, maybe SEOG, federal direct subsidized loans and federal work study. If your point is that the FAFSA EFC is a big deal for OP, I’m not missing that – I’m saying that you are not on point.
Assuming same total income, what difference in aid would a student get if the parents were divorced vs still married? I’ve heard that the NPC Is not accurate for divorced parents, and want to see if there’s a “general” rule of thumb on the aid difference.