What Is Your EFC?

<p>Mine is 6610 on an income of 90,000-100,000.</p>

<p>Mine is around $4,600.</p>

<p>6610? OUCH. Do you own a alot of property somewhere?</p>

<p>EFC for the student?</p>

<p>no, we just have a high income.</p>

<p>liek0806, $6610? My parents make less than yours and they estimated ours to be approximately ~10000!?</p>

<p>$6,000 EFC is very low for an income that is more than double the average wage. I think at most schools $6,000 wouldn't even cover room and board!</p>

<p>
[quote]
What Is Your EFC? </p>

<p>Mine is 6610 on an income of 90,000-100,000.

[/quote]
</p>

<p>liek0806 you are going to be in for a shock when they determine that your EFC is way more than that.</p>

<p>It depends on how many kids are in the family, how old your parents are so it is possible to get a $6610 EFC out of a $90K income. But unusual... I would guess about $15-25K instead, with $15 being very low. Liek, I would take a look over, because it does seem awfully low unless you have a huge family and very old parents.</p>

<p>Any idea on the CSS/INSTITUTIONAL profile non - custodial EFC in a divorce situation.
I know the custodial parent completes the FAFSA AND CSS, but the non-custodial parent is often required to complete the supplement.</p>

<p>In such cases would it be accurate to state that the EFC is a combination of both parents?
Would my EFC, as the non -custodial parent be calculated in a similar way to my ex wife?</p>

<p>For example:
Custodial parent and student : EFC = 5000k based upon an income of 100K. Non custodial parent earning 100 K; would the EFC component be roughly 5000K asuming housing variables, expenses assets are constant?</p>

<p>well it's three college students so i guess they devided it by three.</p>

<p>well it's three college students so i guess they devided it by three. but if i were the only college student, it would definetly be around 18000.</p>

<p>Don't mean to be rude or anything, but what is the purpose of this thread? </p>

<p>The OP "What Is Your EFC? Mine is 6610 on an income of 90,000-100,000" , didn't even make sense until a few posts later when it was revealed that he/she was one of three college students in the family, which explains the low contribution expected from this family.</p>

<p>Obviously everyone's EFC is going to depend on individual family situation, even if the income range is exactly the same. So ..... how does this help anyone?</p>

<p>The thread is harmless, but it might prove confusing or misleading for some. Just my opinion, not criticizing anyone.</p>

<p>Well said, Happy</p>