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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 does it mean if your efc number is 00000 on your fafsa?

It means that your college will be paid for like 95% or maybe even 100%


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.


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 financial need mean on FAFSA?

When related to the FAFSA, your financial need is the difference between your cost of attendance and at a school (abbreviated as COA) and your Expected Family Contribution (EFC). Your cost of attendance will vary depending on what school you would like to attend, but your EFC will stay the same.


What does an efc of 00000 mean on the FAFSA?

You'll get the Pell Grant and also Work-Study Programs and Loans. The Pell Grant can be up to $5,500 for the entire year.

Related Questions

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 your efc number is 00000 on your fafsa?

It means that your college will be paid for like 95% or maybe even 100%


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.


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