I was under the impression that having two kids in college would split the Expected Family Contribution between them. However, either I did something wrong in my FAFSA this year, or that is not the case. I understand that starting in the 2024-2025 this is indeed the case. But I thought I had a year prior to being expected to spend 2/3rds of my after taxes/retirement savings income on college costs.
The EFC for each of my kids is exactly the same and is almost exactly the same as last years when I only had one kid in college.