2014 Guide To FAFSA, CSS Profile, College Aid And Expected Family Contribution

With the most expensive colleges today at $65,000 per year, it is important for parents to determine ahead of time how much they will be expected to contribute toward the cost of college each year. This guide explains how college aid formulas calculate expected family contribution (EFC) based on information taken from the two financial aid forms, the FAFSA and CSS Profile, how financial aid eligibility is determined and how assets are counted for college aid purposes. In two steps you can estima...