When a $1 increase in EFC costs you $3,000

Colleges and Universities A-Z University of Wisconsin
1

<p>Try out UW-Madison's financial aid calculator using an EFC of $12,000 and then an EFC of $12,001 for a Wisconsin resident and look at the 'Gift Aid' section for the Madison Initiative Grant amount.</p>

<p><a href="http://finaid.wisc.edu/award-estimator.php"&gt;http://finaid.wisc.edu/award-estimator.php&lt;/a&gt;&lt;/p>

2

<p>Not sure what your point is. Such programs are just that–computer programs with set limits.Luckily real humans do the real analysis.</p>

3

<p>My point is that gift aid is zero when EFC changes from $12,000 to $12,001 (a cliff’ rather than a phaseout) I would be surprised if a real human changes this result.</p>

4

<p>You might want to reread what it says on that link–estimate etc etc .</p>

5

<p>I understand what you are saying – it is an estimate.</p>

<p>My kids received, to the dollar, the exact amounts estimated by using the financial aid calculator on UW’s website for each year of undergrad at UW.</p>

<p>Others’ results may vary.</p>