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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.
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What does it mean if your efc number is 00114 on your fafsa?
Your EFC is not the amount of money your family will have to pay for college nor is it the amount of federal student aid you will receive. It is a number used by your school to calculate the amount of federal student aid you are eligible to receive.Typically, the lower your EFC, the more financial aid you will receive.Once you know your EFC, you can estimate the amount of financial aid you are eligible for at any college: Simply subtract your EFC from the college's total cost of attendance. Once you know how much financial aid you may receive, you can begin to compare the cost of attending different colleges.
Why would your EFC drop significantly from 3900 to 0?
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. If any of these things has changed, this could be why your EFC changed.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.
Is it possible to receive any grants with an EFC of 7430 on the FAFSA?
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.
What if my parent is not able to pay any of the EFC amount am I able to file for financial aid as an 18 year old independent student?
If they allowed that everyone would.
Last year you got a FAFSA EFC around 17000 and this year with almost the same income it is over 41000 so what has changed and what does it mean?
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. If any of these things has changed, that may be why your EFC is different.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.
What does it mean if your EFC is lower than it was last year in FAFSA?
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. If any of these things has changed, then your Expected Family Contribution will be different.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.
Does the universty of Florida in gainesvilleit have financial aid?
Any accredited school will have financial aid, yes.
Where can I apply for financial aid online for Nevada colleges?
There is a federal financial aid website, www.fafsa.ed.gov/ . This website will allow you to apply for financial aid in any state.
Are there any financial aid (not loans) program for mechanic schools?
They provide financial aid for almost every mechanic school.
Are there any websites offering financial aid for single mothers?
You can go to fastweb.com to find financial aid for single mothers
Does a felony affect financial aid?
The only possible to bar to receiving federal financial aid is if you were convicted of a felony drug charge (possession or sales) WHILE receiving financial aid. Any other felonies, or any drug felonies that did not occur while you were receiving financial aid will not prevent you from receiving federal financial aid. If you were convicted of a drug felony while previously receiving federal financial aid, then you must have completed a drug rehabilitation program in order to restore your eligibility.
Is financial aid available for schools that provide degrees for online game design?
Financial aid is available for most any field you want to pursue, including online game design. The school you want to attend should have a financial aid counselor who can guide you in the right direction in applying for financial aid.
