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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 is the highest efc?
The highest EFC that can be calculated is 99,999.
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 49 on your fasfa?
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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.
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 4198 to the nearest 100?
4198 to the nearest 100 = 4200
What are the release dates for The Bold and the Beautiful - 1987 1-4198?
The Bold and the Beautiful - 1987 1-4198 was released on: USA: 22 December 2003
What is the highest efc?
The highest EFC that can be calculated is 99,999.
Tell you a clubpenguin membership code?
4198 5236 7296 6082
What is 4198 to the nearest 10?
4,198 to the nearest tens place is 4,200
How tall are the Grand Tetons?
13,770 feet (4198 m)
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/
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.
