WebJan 26, 2024 · What does an EFC of 7000 mean? Understanding Your EFC This number is the amount of money that you and your parents can afford to pay towards college. For example, if your EFC is $7,000 and the total cost of attendance for a particular college is $28,000, your total financial need would be $21,000. WebEFC Calculator. This tool calculates your EFC, a measure of your family’s financial strength. Colleges and states use this number to help determine your financial aid award. Students and their families are expected to contribute to the cost of college to the extent that … Colleges figure out how much financial aid they’ll offer you, in part, by calculating … The estimate provided using this EFC calculator does not represent a final … Use Career Search to find the right career for you. How to make sense of financial aid awards and understand the difference between … When applying to colleges, it’s important to create a diverse college list that gives …
What Does My FAFSA EFC Number Mean? - Scholarships360
WebThe Expected Family Contribution (EFC): FAQs. Colleges figure out how much financial aid they’ll offer you, in part, by calculating your expected family contribution (EFC). Your EFC is a measure of your family’s financial strength. It's a number that’s calculated using information you provide on the Free Application for Federal Student ... WebNov 13, 2024 · Cost of Attendance – Expected Family Contribution = Financial Need. Let’s say you’re applying to an elite private school whose cost of attendance is $80,000. The FAFSA determines your EFC is ... map northwind roblox
Efc 17000 - Financial Aid & Scholarships - College Confidential Forums
WebAn EFC number under 5273 often qualifies you for a work study job. While most of these jobs are catered to students, giving them flexible hours and time to study, their pay is … WebNov 29, 2010 · Knowing all this, it seemed bizarre that the family’s EFC was in the $40,000’s. The EFC, however, made sense when the mom mentioned that she and her husband own a rental property that’s got $500,000 in equity. Up until now the family’s high EFC didn’t hurt because their son, who attends St. John’s University, has received … WebFeb 28, 2009 · My EFC is $25,600 (I think that might include some parental info which will go away for most schools except where indicated below). ... ( 7000$) but, we will need the loan to pay the rest of the fees and expenses. I dont know what to do. Should we contact the FAFSA people or should we contact the school's financial aid administrator?. Please ... kristan and company