Ive never heard of an EFC before. i know it stands for estimate family contribution or somthing that but how much help will i get from the government with school?
2007-02-23 07:49:32 · 3 answers · asked by silverliciousness 2 in Education & Reference ➔ Financial Aid
If you are a full time student with an EFC of 3113, you will be awarded $900 for the school year, or $450 per semester.
If you are half-time, you will get half of that. $450 for the school year, or $225 per semester. You get the idea.
This is a calculator from the 2005-2006 school year. The max award for 05-06 was $4050, which is the same amount for 06-07; I don't believe the numbers have changed.
I sincerely wish you luck!
Click the link below for more information.
2007-02-23 10:34:21 · answer #1 · answered by Smarty Pants 3 · 0⤊ 0⤋
It is your expected family contribution. So this is the amount that you have to contribut to your education before financial aid will kick in. This is out of the 4000 and something that they contribute a year so you will only get about 1000 for the full year of pell grant.
2007-02-23 16:07:12 · answer #2 · answered by hottness 1 · 2⤊ 0⤋
That is the amount you or your family is expected to pay toward the balance of your tuition. The remainder will be covered by your financial aid. My daughter has a $12,000.00 semester cost. Our EFC was 2076 meaning we pay that and aid pays the rest. Hope that helps. You can check the link below for more information.
2007-02-23 16:01:29 · answer #3 · answered by arelda1 2 · 0⤊ 1⤋