i went to college but droped out(withdrawn from classes) and didnt do the fafsa but now i am going to college again at a different school will my efc(expected family cobtrubition) be higher or lower if i put bothcolleges
2006-11-03 03:37:18 · 4 answers · asked by eddie 1 in Education & Reference ➔ Financial Aid
According to Sallie Mae's website, it is possible that moving to a different college could affect your EFC - because there are two acceptable methods of calculating it, and a new school may use a different way than your previous school. Here's the explanation:
http://www.salliemae.com/before_college/parents_plan/financial_needs/factors/family_contribution.htm
2006-11-03 03:58:00 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Your EFC won't be affected by putting down both colleges. This isn't something that impacts the EFC.
2006-11-03 11:41:05 · answer #2 · answered by stephanne1978 2 · 0⤊ 0⤋
it's not the colleges, but your family's income and scholarships available for your selected school and major that determines the amount you get; reduced student loan amounts are based on family's income;
2006-11-03 11:47:33 · answer #3 · answered by Anonymous · 0⤊ 0⤋
it should be the same. the contribution would not change just becaue you chaged schools
2006-11-03 11:47:21 · answer #4 · answered by msdeville96 5 · 0⤊ 0⤋