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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.


Is there a minimum amount of credits per semester a student must take to qualify for FAFSA?

For colleges and universities that operate on a regular two semester academic year, you need a minimum of 12 credits to be considered full-time. However, you can be a part-time student and still qualify for financial aid, depending on your circumstances, but the award would be less.


How do you do a percent of discount to the nearest percent math question?

It is 100*(1 - Discounted price/Full price) or 100*Discount amount/Full price


What does it mean if your EFC number is 8 on your FAFSA?

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 11 a good EFC number on your FAFSA?

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.

Related Questions

Do you need to fill out the FAFSA even if you are not eligible for assistance?

It is a good idea for anyone to fill out a FAFSA. The only way to truly know if and how much financial assistance you are eligible for is to fill out the FAFSA. It is also good to fill out the FAFSA even if you don't think you are eligible for assistance because some scholarships that are not needs-based require you to have a FAFSA on file.


What do you get from FAFSA?

When you fill out the FAFSA, you can find out if you are eligible to receive financial aid in the form of grants, scholarships, loans, and work study.


What form must students complete to be eligible for work-study jobs?

You should complete the FAFSA to find out if you are eligible for the Federal Work-Study Program. It is helpful to fill out the FAFSA as soon as possible as these positions fill up on a first come, first served basis.


If your husband signs FAFSA form for your daughter does this make him a cosigner for the financial aid?

No. The FAFSA is a statement of your financial status. It is used to calculate an estimated amount that you and your husband can afford to contribute to her college expenses. It is also used to calculate how much she can afford to pay. Any amount over that is eligible for Federal Financial Aid.


Where do I find osha professional certification courses on-line schools, that I can apply an FAFSA grant to?

FAFSA is not a grant. FAFSA is an application to see if you are eligible for federal student aid. When you complete the FAFSA, you can request that the results be forwarded to the school to which you have applied. An education program is eligible for payment by federal financial aid if the program is accredited and has a federal ID number from the Dept of Education.


Is FAFSA a grant?

FAFSA stands for Free Application for Federal Student Aid. You fill out the FAFSA so you can find out if you will be eligible for federal student aid including: grants, loans, scholarships, and work study.


Do you have to fill out FAFSA form?

No, you do not have to fill out a FAFSA. It is recommended that students fill out a FAFSA though to find out if they are eligible for federal financial aid including grants, loans, scholarships, and work study. A FAFSA is also required for some needs based scholarships.


Can you get FAFSA to study overseas?

Yes, you can use FAFSA to study at an eligible foreign institution if it participates in the federal student aid programs. In general, you must be enrolled in a program that leads to a degree at an eligible school and meet other FAFSA eligibility requirements. Contact your school's financial aid office for more information.


Do you have to repay a FAFSA grant?

Usually you do not have to pay grants back. If you withdraw early from the program that you are given the grant for or if the amount given to you is more than you are eligible to receive then you will have to pay the grant back.


Can you take out student loans if your parents have unfiled income taxes?

You can but as soon as your parents file their taxes you will have to amend your FAFSA application and it may alter the amount for which you are eligible in student financial aid.


Is the Pell Grant the same as FAFSA?

The Pell grant is not the same as the FAFSA. The FAFSA stands for Free Application for Federal Student Aid and it is what you fill out to find out if you are eligible for federal financial aid, including the Pell grant.


What is the W-2 in the FAFSA?

The W-2 is a tax document that is used to report income. This helps FAFSA to figure out how much financial aid you are eligible to receive.