cptofthehouse, could you elaborate on this statement you made? “A school is not permitted to give a dime over the FAFSA EFC if it also wants to give out federal money including work study and subsidized loans” I have never heard that and I’m trying to figure out what scenarios this comes up in. Does that mean they have to limit the amount of institutional scholarships/grants they give out so they don’t dip below the EFC?