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.
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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.
The highest EFC that can be calculated is 99,999.
You can get the Pell Grant (up to $5,500 for the year,) Student Loans and Work Study.
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.
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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.
280 Mean, which is the same as average, is the sum of the numbers divided by the quantity of the numbers: (280 + 280 + 250 + 320 + 270) ÷ 5
This number indicates that you are not eligible for any pell grants.
You can get the Pell Grant (up to $5,500 for the year,) Student Loans and Work Study.
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.
It means that your college will be paid for like 95% or maybe even 100%
Sure you do not mean 420 friendly?
Ellington Financial LLC (EFC)had its IPO in 2010.
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.