answersLogoWhite

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.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What is 0004?

0004 = 4


What does it mean if your efc number is 49 on your fasfa?

#


What is the fraction four 0004?

0004 is the same as 4.Therefore, 4/0004 = 4/4 = 1.


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.


How do you write 0004 as a fraction in lowest terms?

0004 ------- 1


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 is the highest efc?

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


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.


How thick is 0004?

Typically, measurements like "0004" are used in wire gauge sizes. If you are referring to wire gauge size 0004, the diameter would be approximately 5.19 mm or 0.204 inches.


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 is .0004 in words?

four thousandths.