For any college-bound family new to the financial aid game, one of the most frustrating aspects of the process is trying to understand the mind-numbing jargon:
"If your EFC on the FAFSA is substantially less than your EFC on the CSS Profile, then the FM may be much more favorable to you than the IM, unless the FAO uses the CA."
Believe it or not, the above sentence does, in fact, make sense. But to decode what it means--and then use this knowledge to boost your financial aid packages by many thousands of dollars--we first need to break down some of the inner workings of college financial aid.