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FAFSA
The FAFSA (aka Free Application for Federal Student Aid) is a form that prospective or current undergraduate and graduate college students can fill out to determine their eligibility for various types of student financial aid including grants, Federal student loans as well as Federal work study. Questions about the FAFSA can be found here.
403 Questions
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.
Is filling out the FAFSA a requirement to receive student aid?
Filling out the FAFSA is a requirement to receive needs based federal financial aid like grants, loans, scholarships, and work study. You can also receive scholarships through your school and other organizations.
Do students have to pay back FAFSA?
FAFSA stands for Free Application for Federal Student Aid. This is what you fill out to find out if you are eligible for financial aid such as loans (you pay these back), grants (you do not fill these out), and/or work study.
It can pay off most or all of your tution cost's so you'll only have to buy your books, school supplies etc. With the Pell Grant you can get $5,500 for the entire year.
What is FAFSA and what is it used for?
It's Financial Aid for student's to help them cover the cost's of their school fee's. You can get up to $5,500 for the year from the Pell Grant. fafsa.ed.gov
What if your EFC on FAFSA is 0000?
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.
It depend's on the school(s) your applying to. For many early is in March and regualr is in either May-July.
Is it possible to receive any grants with an EFC of 7430 on the 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.
What does it mean if EFC number is 02016 on 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.
What does it mean if your EFC number is 07485 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.
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.
What does it mean if your EFC number is 0080 on the 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.
Can I apply for FAFSA if I didn't qualify?
You will not know if you qualify for financial needs based financial aid until you fill out the FAFSA.
Does FAFSA have to be paid back?
FAFSA stands for Free Application for Federal Student Aid. After filling it out, you will find out if you are eligible for grants, loans, scholarships, and work study. You will have to pay back any loans you take out. You usually do not have to pay back grants and scholarships unless you fail to meet the eligibility after you have already accepted the money (for instance if you drop all your classes). You do not have to pay back work study. That is money that you earn in exchange for working on campus or off campus at a non-profit organization. You should understand all terms before accepting any money. If you need help understanding anything, the financial aid counselors at your school can help you.
What do you complete when you get done with FAFSA?
Your school(s) will email you letting you know when your award package will be up.
You will fill out the Free Application for Federal Student Aid to find out what types of financial aid you are eligible to receive: loans (you pay these back), grants (you don't pay these back), or work study.
What happens if you divorce after you apply for FAFSA?
You can speak to a financial aid counselor at your school and have them help you adjust your FAFSA.
What does the EFC of 00005 on the FAFSA mean?
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.
What does an EFC number of 02345 mean?
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.
What does it mean if your EFC number is 14369 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.
What does the EFC of 04074 on FAFSA mean?
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.
When are you required to pay back a FAFSA loan?
Yes, you are required to pay back federal loans that your accept after filling out the FAFSA. This includes subsidized loans, unsubsidized loans, and PLUS loans.
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 your EFC number is 00295 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.
