Do I qualify for college financial aid?


Great chart for review

Cost of College

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.

20140207.COCEstimateEFC1 CLICK IMAGE TO ENLARGE

Colors show the chances for aid at four types of colleges.

Color Codes All of the EFCs are color coded to give…

View original post 170 more words

Advertisements

Ask a Question!

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s