EFC stands for Expected Family Contribution. The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if you go to their school. Your EFC is figured out after you report information about your specific situation on the FAFSA. It is based on a formula established by law. This formula considers your family's taxed and untaxed income, assets, benefits, family size, and number of family members attending college.
Your college figures out how much need-based aid you will receive by subtracting your EFC from your Cost of Attendance.
Your EFC is not how much financial aid you will receive, nor is it how much money you will have to pay for college.
0004 = 4
#
0004 is the same as 4.Therefore, 4/0004 = 4/4 = 1.
0004 ------- 1
EFC stands for expected family contribution. Having an EFC of 0 just means that your family is expected to contribute $0 towards your education. It means you'll get more aid.
An EFC number is the "expected family contribution", or the amount a family is expected to pay for their student's college education. It short, the EFC has an effect on how much federal grant money you will be given for college expenses.
The highest EFC that can be calculated is 99,999.
Typically, measurements like "0004" are used in wire gauge sizes. If you are referring to wire gauge size 0004, the diameter would be approximately 5.19 mm or 0.204 inches.
This number indicates that you are not eligible for any pell grants.
four thousandths.
EFC stands for Estimated Family Contribution. An EFC of 280, means that the government is expecting your family to be able to contribute 280 dollars to your education. Scholarships and Financial Aid offices base the amount of money they give you on this number. The lower the number the more financial aid you can receive.
You can get the Pell Grant (up to $5,500 for the year,) Student Loans and Work Study.