I used all of the college website NPC’s to estimate EFC for all the schools my daughter is going to apply to late this past summer. Is it worth my time to repeat the process due to any possible changes to the financial aid offerings? How often do institutions change their formulas in general?
Often the NPC on the school’s site is not updated until fall because the new tuition amounts are not known until summer.
It is probably not worth your time because the NPC is only an estimate. Costs might have gone up and merit might also go up, but it is only an estimate.
I would go ahead and run them again. At a meets full need school, it probably won’t change much, but it only takes a few minutes to find out.