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That means the expected family conribution "EFC" amount is $308. It's basically what the government thinks your family should be able to pay or contribute for college. So the lower your number is the more financial aid you would recieve.

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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 is the highest efc?

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


Why would your EFC drop significantly from 3900 to 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. If any of these things has changed, this could be why your EFC changed.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.


What does 082856 mean for the efc number on the fafsa?

The number 082856 represents the Expected Family Contribution (EFC) calculated from your FAFSA application. The EFC is used to determine your eligibility for federal student aid, including grants, loans, and work-study programs. A lower EFC indicates a greater financial need, which can qualify you for more financial assistance. Each institution may use the EFC to tailor their financial aid packages to your specific circumstances.


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.

Related Questions

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 is the highest efc?

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


What does 308 mean on FAFSA form?

This is most likely your EFC. 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.


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.


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

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


Why would your EFC drop significantly from 3900 to 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. If any of these things has changed, this could be why your EFC changed.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.


If your EFC is 0 who pays for your education?

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.


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/


Who is better LFC your 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 "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 082856 mean for the efc number on the fafsa?

The number 082856 represents the Expected Family Contribution (EFC) calculated from your FAFSA application. The EFC is used to determine your eligibility for federal student aid, including grants, loans, and work-study programs. A lower EFC indicates a greater financial need, which can qualify you for more financial assistance. Each institution may use the EFC to tailor their financial aid packages to your specific circumstances.