Great chart for review
Troy Onink provides a handy tool for quickly estimating a family’s chances of qualifying for college financial aid using income-based EFC values.
2014 EFC Quick Reference Table for College Aid
Step 1 – Locate your income in the AGI column.
Step 2 – Find the column at the top of the table that corresponds to the number of dependent children that you have and follow that column down to the row that corresponds with your income (AGI). The intersecting number is your estimated Federal EFC based on parental income only. The estimated EFCs in the table below do not take into account your assets, or if you make contributions to qualified retirement plans or receive any form of untaxed income. All of which will increase EFC.
Colors show the chances for aid at four types of colleges.
Color Codes All of the EFCs are color coded to give…
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