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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 0000 EFC mean on your FAFSA?
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.
What does it mean if your efc number is 002668 ?
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.
What does it mean if your EFC number is 0 on your FAFSA?
EFC stands for "Expected Family Contribution". Receiving a zero mean that based on the information that you provided while filling out your FAFSA, the government does not think that your family will be able to help you out with paying for your education. This allows you to be in the running for many grant, scholarships, and financial aid from your school.
What is efc 000160 on your fafsa mean?
EFC 000160 on your FAFSA refers to your Expected Family Contribution (EFC) calculated by the federal student aid system. An EFC of 160 indicates the amount that your family is expected to contribute toward your education for the academic year. This figure is used to determine your eligibility for federal financial aid, such as grants and loans. A lower EFC generally means you may qualify for more financial assistance.
What does efc 014199 mean on fafsa?
The code "EFC 014199" on the FAFSA refers to your Expected Family Contribution (EFC) calculated by the FAFSA system. This number represents the amount your family is expected to contribute toward your education for the academic year. A lower EFC indicates a greater financial need, which can impact your eligibility for federal and state financial aid programs.
What does it mean if EFC is 280?
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.
What is the highest efc?
The highest EFC that can be calculated is 99,999.
What does efc 000120 mean on a FAFSA?
EFC 000120 on a FAFSA refers to the Expected Family Contribution (EFC) value, which indicates the amount the family is expected to contribute toward a student's education for the academic year. An EFC of 120 suggests that the federal financial aid system estimates the family can contribute $120. This number is used to determine the student's eligibility for federal financial aid programs, such as grants, loans, and work-study opportunities.
What does efc of 00246 mean?
EFC 00246 refers to a specific Expected Family Contribution (EFC) value used in the context of federal student financial aid in the United States. An EFC of 00246 indicates the amount that the federal government expects a student’s family to contribute towards their education expenses for a given academic year. This figure is calculated based on the family's financial information provided on the Free Application for Federal Student Aid (FAFSA). A lower EFC generally suggests greater financial need, potentially qualifying students for more financial aid.
If your EFC is 0 how much aid will you get from Suffolk University?
Your entire tuition should be paid for by your financial aid qualifications.
Who pays for education in New Jersey?
Public k-12 education is paid for by taxes.
Who pays chantelle in Bad Education?
Nikki Runeckles
