Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "High EFC -- not sure I did the FAFSA correctly"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous[b]]If your gross income is $450,000, is it even worth completing the FAFSA?[/quote] [b]Only if the college requires it for e.g. merit aid. Before anyone jumps at me for not knowing the difference between merit and need based, some colleges want to make sure that any aid that can be classified as need based is reported as such, so they want you to fill out FAFSA just in case.[/quote][/b][/b] You fill it out because most colleges (my kids' did) require it to be filled out before financial aid will even talk to you. It's required also as a prereqisite for some merit scholarships. Also, once you fill it out, no matter what your EFC, your children then get access to the unsubsidized federal loans, which both of my kids took out, which amounts to about $26,000 over the four years. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
