What does this EFC number mean?
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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!
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Answer:
The asterisk means you have been selected for verification. Which means you have to prove the information you put on your fafsa is true and correct. Your EFC is 3660, but remember that is NOT a dollar amount you have to pay for your school. It is just a code the school uses to determine what kinds and how much aid you will get. Your EFC may change after you go through verification, but this is indeed a low EFC that would get you a partial Pell grant (Free money).
just not that at Yahoo! Answers Visit the source
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