<p>The EFC that is listed on my SAR says 1053. However, when I log into my student account on the website of the college I am planning on going to it says my EFC is 1146 in the financial aid summary. Why is that?</p>
<p>Have you checked your SAR at the FAFSA website to see if they have made some sort of adjustment?</p>
<p>If they haven’t then contact them and ask. May be a mistake.</p>
<p>I just checked the SAR and the EFC is the same, 1053.</p>
<p>It sounds like the school made an adjustment & it affected your EFC. Students often enter things incorrectly or leave things out that need to be added in. It’s not uncommon when I verify a student that the EFC increases. Things like entering the tax incorrectly, having a family member listed who doesn’t fit the criteria to be included in the household size, neglecting to add the untaxed payments to pensions (Box 12 on the W-2) to untaxed income, etc. all will affect EFC. The school may hold off on processing your change through the central processor until you have committed to attending.</p>
<p>If I entered something in incorrectly how would they know? On another college’s site that I got accepted to my EFC is 1053.</p>
<p>That’s interesting Kelsmom. How do you come up with the new EFC if it does not go through the central processor (not that I know what that is). Do do you recalculate the EFC manually?</p>
<p>Please tell me…how much would aid change with an EFC increase of $93?</p>
<p>Looks like the Pell grant would decrease by $100 to $4200.</p>
<p>Neptun3, if you were verified, you provided information to the school. They make changes based on that info, if necessary. If you want to know what change was made, you can call the financial aid department at that school & ask - it’s perfectly okay to do that.</p>
<p>Swimcatsmom, I believe some schools have an EFC calculator (software package) they can use that doesn’t actually submit the changes. That’s what we used in the old days, before internet. Now, the school where I work is tied directly into the central processor & our changes go out automatically. I wouldn’t be surprised if some schools have a system where they can change things for their school & not send it in until after the student has committed to the school. I don’t know that there actually are schools that do that - but it is a possibility that might explain OP’s situation.</p>
<p>Schools can fixure out the new EFC without submitted the changes by plugging it into the CPS system. Within the CPS system, there are two options after changes have been made.,…calculate EFC and submit. When I used to perform PJ’s, I would plug the changes into CPS and use the calculate button to determine the new EFC. If it made no difference to their eligibility, I just would not hit the submit button.</p>
<p>To the OP…another possibilty…is the school a PROFILE school?</p>
<p>i thought that the efc on the sar was just a guide for colleges to go by so they can adjust their efc…that was my impression</p>
<p>Where did you get that idea? It is not the case at all. The EFC is used for calculating eligibility for federal aid and a school cannot just adjust it at will. </p>
<p>If there is a mistake on input or if the school approves a special circumstances adjustment they can go into FAFSA and adjust input figures. These numbers are run through the formula and produce a new SAR and a new EFC.</p>
<p>For federal aid purposes, Swimcats is correct. The FAFSA is used just as she described.</p>
<p>BUT there are a number of FAFSA only schools that use the information on the FAFSA to disperse institutional aid. Those schools can take that information and they can USE it any way they choose to disperse their institutional aid. This does not mean that they change your EFC on the FAFSA…it just means that they use the information for their college using a formula that their college has devised for institutional purposes. For federal aid purposes, your FAFSA efc would not change.</p>
<p>We have the problem of two schools verifying my S’s FAFSA and confirming the original figures. Now a third school has changed the EFC by changing the original figures my S put on the FAFSA. This third school is dead wrong. They increased my investments by a substantial amount when, in fact, my investments have dropped in value. </p>
<p>I am so stressed out over this. How much does this third school’s error affect how the other schools calculate my S’s financial aid/scholarships?</p>
<p>Any idea what basis they used for adjusting the investments?</p>
<p>I called the school to speak with a financial aid representative and I did not get a clear answer. It didn’t even seem like he understood what I was talking about when I told him my situation clearly. He told me to just wait a few days and call back. He said it was just a “model” when referring to the financial aid summary.</p>
<p>Not a clue. We can’t figure out how they came up with the new investments figures. They make no sense whatsoever. I know I have to call them first thing in the morning, but I’m trying to find a way to avoid a sleepless night worrying about this. I know the schools my S has been accepted to are all ready to send out his financial package information. How much will this third school’s blunder affect those other packages? It may take time to get the “correction” corrected. My S has merit scholarships riding on all of this. I am so afraid he is going to be put at the back of the money line until all this is straightened out or, worse, he won’t get the full amounts he was originally scheduled to receive.</p>
<p>That is very odd. All you can do is call the school and ask them. Had you provided any asset information in the verification process?</p>
<p>Not other than that listed on my Schedule B and Schedule D. As I stated earlier, the two other schools that verified my S’s FAFSA concurred with the original FAFSA. I am just so worried these other schools (plus the ones he has yet to hear from) are going to put him on the back burner when he was ready to go. I think I am just venting here, so thanks for allowing me to do that. I realize I am just going to have to straighten this out with the rogue school.</p>
<p>The other schools will look at the information you provided and compare with the the newer revision. If the figures on the newer revision don’t match the documents you provided, they will not use the newer revision.</p>