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.
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.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What does it mean if your efc number is 49 on your fasfa?
#
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 are the release dates for General Hospital - 1963 1-7335?
General Hospital - 1963 1-7335 was released on: USA: 2 December 1991
What are the release dates for Days of Our Lives - 1965 1-7335?
Days of Our Lives - 1965 1-7335 was released on: USA: 4 August 1994
What are the release dates for The Young and the Restless - 1973 1-7335?
The Young and the Restless - 1973 1-7335 was released on: USA: 8 March 2002
How many miles is 7335 feet?
1.39 miles.
What happens when high voltage pass 220v instead of 110 to xerox 7335 machine?
high voltage pass 220v instead of 110 to xerox 7335 machine
What is the highest efc?
The highest EFC that can be calculated is 99,999.
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 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 does it mean if your efc is 00000?
You can get the Pell Grant (up to $5,500 for the year,) Student Loans and Work Study.
