There’s only been 3 changes this year:
But how has this made my EFC go from 0 to nearly 6,000 this year?
I’m desperate because my family can’t afford that much in a year that’s close to half of our income!
Please help!!
Have you reviewed every line of your submitted FAFSA? There may have been an extra 0 added, or something inadvertently added to a section where it shouldn’t belong.
No i checked it over and it was exactly what it should be : (
So you worked and filed taxes for 2014, but you did not in 2013?
yes but it wasn’t that much it was under 3k
Check the cost of attendance for off campus housing for your school. Compare it to on campus housing. See if there is a difference.
Check your FAFSA again…and again. Make sure you listed only your income in the student section…and only your parent I come in the parent section. Make sure you dI’d t add a zero by mistake…because you placed the decimal point in the wrong spot.
Are you saying the school ie expecting you to pay $6000 a year…or that this is your FAFSA EFC? What was it last year?
look to see where you put your mom’s income or assets. You may have put them in the “student section.”
Are you saying that your FAFSA EFC went up that much
Are you talking about your UC or CSU FA pkg? If so, did you indicate that you didn’t want loans or work study? If so, then that would become part of the family contribution.
Would his income and assets even be considered if his mom makes only about $12,000?
Please explain if this is your SAR or your aid package?
Did you have money in your name in checking or savings?
If mom was eligible to file 1040A/1040EZ and income is below $49,999 then assets for both parent and student are not counted, however student still needs to report income.
It sounded like his mom makes well under $20,000 so shouldn’t they qualify for auto zero EFC? If that is the case and was last year then him making 3k working would not change that.
Yes, mommdc you are correct. 24K or less will qualify for auto-zero EFC.
Is that always the case? We have had a lengthy period of partial/no employment, yet we have some assets tied up that private schools have asked us to document.
Onceuponamom…that auto zero is only for FAFSA purposes. Private schools using the CSS Profile or their own form will almost always ask for those assets.
Thank you.
It appears that this student is a freshman at a UC…maybe Davis. It seems like last year he had an EFC of 0, but this year something has gone wrong.
OP…you mention that your mom earned less in 2014, did she make any kind of withdrawal from any kind of 401k acct or something?
And please tell us if the change is on the FAFSA EFC…or is it on UC aid award?
If you qualified for using the Simplified Needs Test last year, do you still meet the requirements this year? What type of Tax return did you and your parents file?. Filing an 1040 tax return could (depends on what qualified you for the Simplified Needs Test) disqualify you from the automatic zero.
AH! Sorry for not replying for so long I got caught up trying to fix the problem. Found out my internet was on the fritz and it caused me to accidentally enter the same data for 3 places, making FASFA think I had 24k in savings