<p>I am always puzzled when people say they know the PROFILE EFC, because we never did, although the college D attended ( which met 100%need) seemed to use the FAFSA EFC. :)</p>
<p>Schools certainly do use loans to meet need. Sometimes they only use Stafford & Perkins ( both attractive loans because they can be subsidized with lowish interest), but sometimes grants may be replaced for upperclassmen with private loans. :p</p>