Admissions Expertise How can I work with schools to boost my financial aid? Are there other sources of student aid? Your question is a great one. It points to the importance of filling out the financial aid applications. The Expected Family Contribution is determined through a need-analysis formula, taking into consideration income and assets of you and your parents. Your “need” is the difference between the college cost and your EFC. Most colleges require the FAFSA, some require the CSS Profile, and still others use an institutional form. You should immediately contact the financial aid officers, first by letter and then by phone and explain the situation. FAOs will try to work with you to adjust your financial aid package. Want to see all of Shelley's expertise? Click here to see full profile Want to see more expertise in Paying for College? Click here to see all expertise