iGuest 3 Report post Posted February 18, 2012 My family's FAFSA EFC was higher when I entered net income (post 401k contributions & business expenses) than when I entered gross income (pre 401k contributions & business expenses). This is counter-intuitive. It seems like if I show I made more money, I should have to contribute more to my student's education than if I made less money, & therefore, would have greater need. Why does the FAFSA EFC calculation work this way? Share this post Link to post Share on other sites