What does EFC number mean on my FAFSA?
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I have a EFC number of 03020... I have no idea what this mean. I heard that it is the number that is subtracted from your aid? but this number is weird, and I don't understand.
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Answer:
Your pell grant will be $2480. It will be split between two semesters so Fall you will get 1240 and spring 1240 EFC works like this $23,000<the financial base you need to get too -cost of tuition and school expences < your school determines this = your efc
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