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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Beginning in 2023, FASFA will use a “new formula for determining the “Expected Family Contribution” (EFC) — which will be renamed the “Student Aid Index” (SAI). The new FAFSA will still request information on the number of children in your household, but the SAI will[b] no longer provide a discount for multiple children in college at the same time.[/b]”[/quote]

This is a really important consideration. It occurred to me to run net price calculators that ask about siblings in college both with and without the sibling (we have 2 kids, 2 years apart so for 2 years we'll be paying for both).  Oldest is at a VA state school. Youngest is a rising senior and we're working on her list, looking for schools that have potential to fit our budget, beyond our VA public options. Several schools seem like they could be close on first running the calculator. But take out the sibling and then they balloon up to full pay $70-$80k. That is definitely not in the budget![/quote]
Well, this sux. I will have 3 in college at once and another likely in grad school at the same time. :x [/quote]

It has been delayed a bit. Hoping for further delays as I will have 2 in college in 2024, Thanks Lamar Alexander. This was his big idea saying that families chose to have kids close together and should not get a break. He added that nasty jab to the bill.[/quote]
Wow, what about people with multiples? I suppose they chose to have them rather than abort them, so it was their choice? No, no fertility treatments. [/quote]

You choose to have kids.  I don't think people with more kids should get more financial aid than someone  with fewer kids.  They need to save and plan.[/quote]

I don't think someone w 1-2 kids should be able to get financial aid at all, as there is no reason why they can't save and plan accordingly with such a minimal drain on their resources. [/quote]

Yes, anyone who plans ahead should easily be able to sock away, at a bare minimum, at least $150K per child, including school teachers, police officers, people who unexpectedly lose their jobs, etc.  They just might have to eat at Chik-fil-a a little less often - no big deal.  [/quote]

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