<p>The last number I saw came to 5.6% of parents assets would go toward the EFC each year. You do need to check on the LACs in which your daughter is interested. Many also require the CSS Profile or their own additional form which also looks at other assets like second homes. If your savings is all you have then some LACs might work out well. If she’s high scoring then she might get some good merit aid to make the LAC less expensive than the Public U.</p>