Kristen Moon, founder of Moonprep.com, is quoted along with fellow college admissions experts in a valuable U.S. News article about Expected Family Contribution, an important factor in financial aid calculations.
Parents of students applying to college need to know that institutional aid (financial aid from the college/university itself) is calculated very differently from federal financial aid. As Kristen states in the article, each institution creates its own financial aid policy.
As parents and students head into the daunting college application process, their best strategy is to be well-informed. Read the full article on how institutions calculate Expected Family Contribution here.