http://www.finaid.org/calculators/scripts/quickefc.cgi
since you the expert...haha, I been playing with the number there,
if parent income 25k, EFC is 0,
if parent income 35k, EFC is 559.
if parent income 45k, EFC is 2205.
but if parent income over 50k, EFC become 265645, and student contribution is 1000.
is that sound right? basically if you make less than 50k, asset doesn't count, whether its 5k or 5 mil.....
| able Year: | |
| Dependency Status: | Dependent Student Independent Student |
| Age of Older Parent: | |
| Number in Family: | |
| Number of Children in College: | |
| Student Income: | |
| Student Assets (Business/Farm): | |
| Student Assets (Other): | |
| Parent Income: | |
| Parent Assets (Business/Farm): | |
| Parent Assets (Other): 5000000 |
