EFC and School Loans/Grants

[scott916]

I just filled out the FAFSA for this year, and my EFC was much higher than I expected at 10,800. A buddy of mine that made roughly the same amount of money as I did received an EFC of 0, and was therefore eligible for a Pell Grant. Does having young children change my eligibility? He has a 4 year old and a newborn. We're roughly the same age (28 and 30) and obviously neither of us are dependents.

Thoughts?

 

[TruePaige]

EFC of 0 = Welfare / Someone in your family gets SS / SSI / Extreme Poverty

 

[scott916]

Hmm, odd. He's definitely not on welfare. Thanks!

 

[Gibson486]

yes, having children does effect it.

 

[DisgruntledVirus]

children=big $ as far as the FAFSA is concerned.

Almost makes it worth having kids...

 

[scott916]

Originally posted by: DisgruntledVirus
children=big $ as far as the FAFSA is concerned.

Almost makes it worth having kids...

Dammit, I figured.