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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.
What else can I help you with?
What does it mean if your efc number is 49 on your fasfa?
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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 is thirty percent of 28000?
30% of 28000 = 30% * 28000 = 0.3 * 28000 = 8400
What is 6 percent of 28000?
6% of 28000= 6% * 28000= 0.06 * 28000= 1,680
What is 15 percent of 28000?
420015% of 28000= 15% * 28000= 0.15 * 28000=4200
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.
How do you convert 28000 liters in kiloliters?
28000 liters = 28000/1000 =28 kiloliters
What is 30 percent of 28.000.00?
840030% of 28000= 30% * 28000= 0.30 * 28000= 8400
What is efc 000160 on your fafsa mean?
EFC 000160 on your FAFSA refers to your Expected Family Contribution (EFC) calculated by the federal student aid system. An EFC of 160 indicates the amount that your family is expected to contribute toward your education for the academic year. This figure is used to determine your eligibility for federal financial aid, such as grants and loans. A lower EFC generally means you may qualify for more financial assistance.
What is the highest efc?
The highest EFC that can be calculated is 99,999.
What is two fifths of 70000?
It is 28000.
What does efc 014199 mean on fafsa?
The code "EFC 014199" on the FAFSA refers to your Expected Family Contribution (EFC) calculated by the FAFSA system. This number represents the amount your family is expected to contribute toward your education for the academic year. A lower EFC indicates a greater financial need, which can impact your eligibility for federal and state financial aid programs.
