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What does 15270 mean on the FAFSA?

Updated: 8/19/2019
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11y ago

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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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Q: What does 15270 mean on the FAFSA?
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Related questions

How do you apply for FAFSA?

You can fill out the FAFSA application online at the link below, or you can fill out a paper FAFSA and mail it in.


What is the website for fafsa?

The website for FAFSA is https://fafsa.ed.gov/


Where can I find my FAFSA status?

You can find your FAFSA status at the following sites that I found for you to have a look at. Here are the sites www.fafsaonline.com/FAFSA.../what's-my-FAFSA-status.php ,www.fafsa.ed.gov/help.htm


Where does your FAFSA information go?

Your FAFSA information is used by the U.S. Department of Education to determine your eligibility for federal student aid, such as grants, loans, and work-study programs. The information is also shared with the schools you list on your FAFSA so they can determine your financial aid package. Additionally, some states and institutions may use the data to determine eligibility for their financial aid programs.


Can adults apply for FAFSA?

Yes, adults can fill out the FAFSA.


How often does the fafsa have to be completed?

The FAFSA needs to be completed annually.


What does it mean if your EFC number is 12126 on your FAFSA?

This number indicates that you are not eligible for any pell grants.


What does it cost to submit the FAFSA?

The FAFSA is free to fill out and submit. FAFSA stands for Free Application for Federal Student Aid.


Which websites carry FAFSA calculators?

Go directly to the FAFSA website to find info on how much you could expect from your FAFSA application.


FAFSA 2008-2009 or FAFSA 2009-2010?

Each January, the new FAFSA becomes available online for students to fill out for the upcoming school year. You should fill out the FAFSA for the year you will be attending college.


When is it too late to file for fafsa 2011?

when is it late to file for fafsa 2011


Where can you go online to submit a FAFSA?

To submit a FAFSA online, you can go to the main page of the FAFSA website which is linked below in the related links section.