My EFC number is 829 how much can I recieve with that number.?

Question

I filled out my FAFSA and after I completed the online application I received this number at the end (EFC 829) and I wanted to know how much aid can I get with that number

Answer 1

You're expected family contribution that you pay is $829.00 for this school year. You will most likely receive enough aid to cover your tuition (this may also include student loans). You can apply for additional student loans to cover the $829.00 as well. You will get a student aid report from your financial institution as soon as they receive your FAFSA report. Set up an appointment with them and discuss what options you have with them.

Good Luck!

Answer 2

The correct answer is that it depends on the school and depends on which state you live.

You will most definitely receive Federal grant as long as you are otherwise eligible (for instance you have never been incarcerated for a drug offense) and depending on the cost of attendence at your school.

You may qualify for state funding if you attend college in your home state...and you are otherwise eligible.

If it's your first year in school, you will probably be offered $2,625 in Federal Stafford Student Loan. And I hate to sound like a broken record, but again, you must be otherwise eligible.

There really is now way to answer the question of how much or what kind of aid you will receive just from and EFC. It depends on your situation, your school's budget, and the timeliness of getting ALL your application materials completed.

While you may get funds from your school, there is NO gaurantee. And if you are funded by the school, it may or may not cover the amount of tuition or other costs. It really depends on the school.

Answer 3

It will be a combination of grants, scholarships, and student loans. The final financial aid award will be dependent upon the individual school itself. They will break it down in the letter how the financial aid will be distributed to you for the school year.