What does my EFC mean?

Let’s learn what does my EFC mean. The most accurate or helpful solution is served by Yahoo! Answers.

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What does my EFC mean?

I'm confused by my EFC and what it means. My efc was 2024. Does this mean my family is expected to pay 2024.00? If so, I don't know how that could be as my dad past away last january and my mom made 4,000 dollars last year and at 67 only has 22,000 for the rest of her life, besides social security. Besides, I just turned 23 and don't see how or why she should be expected to cover any of my education as I haven't live with her for close to 5 years. Can anyone clear this up for me? I'd really like...

Answer:

I am a financial aid administrator. If you have specific questions, feel free to email me at the yahoo...

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Tanzy at Yahoo! Answers Mark as irrelevant Undo

Other solutions

My EFC is 0. Ok so what does that mean exactly? what school should I apply for to give me full paid tuition?

alright I have an efc of 0 and am trying to go to a school in New York. Which means I'm going to have school housing as well. So since my EFC is 0; what schools can i apply to that will most likely offer me a full ride? Some people say IVY league schools...

Answer:

With an EFC of 0 you can attend any school you wish, but it will not necessarily mean you will get a...

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Anthony A at Yahoo! Answers Mark as irrelevant Undo

My EFC value for fafsa is 354...what does this mean?

the website stated: "The EFC is not the amount of money that you or your family must provide. Rather, you should think of the EFC as an index that schools use to determine your eligibility for federal student aid." So what does my EFC value...

Answer:

yes it should be as low as possible but its based off the info you provided on your fafsa....my first...

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Magnum Aura at Yahoo! Answers Mark as irrelevant Undo

Why is my EFC 500? What does this mean?

I plan on going out of state to Kingsborough Community college in NY. My mom is a housekeeper who made $12,000 last year. I myself made, $6,000. She claimed me on her tax return... but in all actuality I'm supporting myself and her. On top of that, I...

Answer:

Your EFC is not only just based on your parents income, but it is also greatly affected by your income...

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Ashley at Yahoo! Answers Mark as irrelevant Undo

EFC Number. What the heck does mine mean?

Based on the information we have on record for you, your EFC is 0. You may be eligible to receive a Federal Pell Grant and other federal student aid. Your school will use your EFC to determine your financial aid eligibility for federal grants, loans...

Answer:

An EFC of 0 means you might qualify for the maximum Pell grant amount. If you attend full time in the...

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.vato. at Yahoo! Answers Mark as irrelevant Undo

What does this EFC number mean?

I just checked my SAR and it says that my EFC is 03660 * . Does that mean $3,660 or $366. Pleeeaasssee let it mean $366 lol. Also, what does the asterick mean. Thanks guys!

Answer:

The asterisk means you have been selected for verification. Which means you have to prove the information...

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just not that at Yahoo! Answers Mark as irrelevant Undo

My EFC is 4341, what does that mean?

I AM SO CONFUSED! My parents DID go to universities, but not in this country. So, I have no one to help me. I know that EFC means Expected Family Contribution. Contribution for what? Tuition fee or yearly? Do you pay tuition yearly, too? What do you...

Answer:

An EFC is an Expected Family Contribution. What that means is, all things considered, your parents should...

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The_Thin... at Yahoo! Answers Mark as irrelevant Undo

My EFC is 08132. What does this mean?

"Based on the information we have on record for you, your EFC is 08132. You are not eligible for a Federal Pell Grant but you may be eligible for other aid. Your school will use your EFC to determine your financial aid eligibility for other federal...

Answer:

It means exactly what it says. You are not eligible for a pell grant, but you may be eligible for other...

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JellyCro... at Yahoo! Answers Mark as irrelevant Undo

What does my EFC mean?? HELP?

I'm attending the Paul Mitchell school and it's 18,000 for 11 months. I got an EFC of 9,780 and was wondering what that all means.Does that mean they're going to pay 9,780?? I know I have to pay it all back, but that would mean i need another loan for...

Answer:

An EFC of that amount is just an estimate that tells the school how much you are able to contribute...

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mary vafiadis at Yahoo! Answers Mark as irrelevant Undo

What does it mean if my EFC is 03112?

My EFC has always been zero. FA would pay for my classes and I'd be able to buy everything I need with the money left over. However this time my efc was 03112 even though nothing in my life has changed. I am 23 years old (I'll be 24 in July) I live at...

Answer:

I will be the bearer of bad news. The rules for figuring the EFC for Federal student aid have changed...

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glow from within at Yahoo! Answers Mark as irrelevant Undo

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