Does an EFC of 23513 on my FASFA seem high if my income is 98K with not many investments or savings?

Answer 1

I would say it is even a little bit on the low side. 25-35% is pretty typical. Don't forget that public colleges and universities are the best form of financial assistance available to everyone - regardless of family income. Going to a public school is like getting $20,000 cut off your annual bill (close to a $100,000 cost difference after factoring four years and interest). The only other real option is student loans or holding out for a school that will give you significant merit-aid.

Answer 2

No, That is not high. Generally you EFC is approximately 25-30% of your income.