Start to build your retirement plan in your 20s by contributing to your 401(k). Learn about why starting early matters, ...

The term Expected Family Contribution (EFC) will now be known as the Student Aid Index (SAI). The EFC is an index number that colleges use to determine a family’s financial need relative to ...

Does a 529 plan affect financial aid? If you have 529 accounts set up for your other children, the assets in those accounts are no longer counted toward the expected family contribution.

Parental contribution from assets, including 529 account balances, is assessed at a much lower maximum of 5.64%. So, if a family has a 529 account with $10,000, this raises the expected family ...

So, if a family has a 529 account with $10,000, this raises the expected family contribution by at most $564 and reduces the federal aid package by the same amount.

So, if a family has a 529 account with $10,000, this raises the expected family contribution by at most $564 and reduces the federal aid package by the same amount.

So, if a family has a 529 account with $10,000, this raises the expected family contribution by at most $564 and reduces the federal aid package by the same amount.

So, if a family has a 529 account with $10,000, this raises the expected family contribution by at most $564 and reduces the federal aid package by the same amount.

So, if a family has a 529 account with $10,000, this raises the expected family contribution by at most $564 and reduces the federal aid package by the same amount.