<p>Mommydearest,</p>
<p>Since you and your ex are first in line when it comes to paying for your child’s education, I would recommend that you do this;</p>
<p>run your numbers along with your spouse (if applicable) through the fa calculator. remember you must include any chid support received.</p>
<p>Then sit down with your spouse to discuss the EFC to see if it is doable in your house.</p>
<p>Then </p>
<p>Explain to your ex that your son is considering applying to schools that will require information regarding his income and assets and possibly the income assets of his spouse.</p>
<p>Ask him to run his information through the net price calculator twice. Once using only his information and one using the information of him and his spouse.</p>
<p>Then all of you (parents and spouses) need to sit down together and discuss what is doable given the best and worse case scenarios. Tell your child realistically what you are willing to pay/borrow for his education, then build your list making sure that you have at least 2 true safey schools that meets the following criteria:</p>
<p>A school where your child has an excellent chance of being admitted (and has his major)
if it is the only school that he has been admitted to, he will be happy to attend
the school is a financially feasible option for your family.</p>
<p>After that compile a list where your child stands a good chance of getting merit $ even if it means that he has to “step down” a bit from the highly selective schools.</p>
<p>Remember while your ex will have his own EFC, colleges don’t care who pays it, as long as it gets paid. They also do not take in to consideration what is in your divorce decree regarding paying for college or any side deals that you have put together.</p>