<p>Hello,</p>
<p>I have a question about whether saying that I'm a dislocated worker would have any effect on the amount of loans I could get. My AGI is low, about 3,700. I could have filed using a 1040a. So I think my EFC would be O. I'm applying for PLUS loans, having already borrowed up to the aggregate limits for subsidized and unsubsidized loans. It sounds like if my EFC is already O, then identifying myself as a dislocated worker isn't going to increase the amount of loans I could get. would be grateful for any wisdom.</p>
<p>thank you!</p>
<p>The dislocated worker question is to help determine eligibility for the automatic 0 formula(which gives and automatic 0 EFC) or simplified needs tests (which ignores assets in the EFC calculation). If your EFC is already 0 (don,t you already know your EFC?) then the dislocated worker question will not make any difference.</p>
<p>Yes, if you are already at zero, it won’t make any difference. Also dislocated worker requires the determination to be made by the financial aid officer who has this responsibility, so you would need to present the case to the fin aid office. If your numbers already gives you a zero, why do the extra, since you have to do the numbers anyways?</p>
<p>The dislocated worker category can be important for those kids who have a parent who lost his/her job. The FAFSA figures may show that the family should be able to pay $x amount, but when the wage earner loses his job, that is not going to be the case. College is not the first priority when a family loses its income.</p>
<p>Are you the student or the parent?</p>
<p>I’m the student, a graduate student, thanks.</p>