Can Someone Explain the Difference Between Federal Methodology and...

S

Stan

New member
...Institutional Methodology Financial Aid? I tried using the college boards EFC calculator and I kept ending up with 0 while I had some aid with Institutional methodology in the end. I'm confused, where does the Federal Methodology derive its numbers from versus the institutional.
Does the 0 mean I don't have to pay anything or I will receive no Aid?
Does Federal Methodology only give you more if you paid higher taxes IE (rich)?

Thanks!
 
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