0

# What if an EFC is 10477?

Updated: 9/19/2023

Wiki User

11y ago

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 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

Earn +20 pts
Q: What if an EFC is 10477?
Submit
Still have questions?
Related questions

### What are the release dates for Days of Our Lives - 1965 1-10477?

Days of Our Lives - 1965 1-10477 was released on: USA: 4 January 2007 Belgium: 13 June 2011

### What is the highest efc?

The highest EFC that can be calculated is 99,999.

### In what year did Ellington Financial LLC - EFC - have its IPO?

Ellington Financial LLC (EFC)had its IPO in 2010.

### 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.

### Is it better to have a lower or higher EFC number?

! Your EFC (estimated family contribution) number is used to determine your eligibility for federally sponsored financial aid. The university will subtract your EFC number from the total cost of attending that school to determine how much aid you should receive. Generally, the lower your EFC number, the more financial aid you will be eligible to receive. Source: http://www.salliemae.com/get_student_loan/apply_student_loan/understanding/efc/

LFC

### What is the market cap for Ellington Financial LLC EFC?

As of July 2014, the market cap for Ellington Financial LLC (EFC) is \$605,259,232.50.

### What does it mean if your efc number is 002668 ?

An EFC number is the &quot;expected family contribution&quot;, 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.

#

### Can you do a urine test for TMAU ?

You can get testing at the Drug Testing Center 10477 Folsom Boulevard, Rancho Cordova, CA- (916) 475-7618

### What does it mean if your efc number is 00114 on your fafsa?

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.