answersLogoWhite

0

What does 7814 mean on your FAFSA?

Updated: 8/18/2019
User Avatar

Wiki User

11y ago

Best Answer

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.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does 7814 mean on your FAFSA?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is 12divided by 7814?

12divided by 7814 = 0.0015357051446122344


How many grams are contained in 7814 centigrams?

A centigram is 0.01 grams, therefore 7814 centigrams is 78.14 grams.


What are the release dates for The Young and the Restless - 1973 1-7814?

The Young and the Restless - 1973 1-7814 was released on: USA: 5 February 2004


What is 3627 plus 4187?

3627 + 4187 = 7814


What is 7814 divided by 12?

651.1667


How many miles from atlanta ga to okinawa japan?

7814 MI/12575 KM


How do you round 7814 to the nearest hundreds?

The figure ends with 14, so it will round down to the answer of 7800.


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.