That was the result of my fafsa
2007-02-28 09:43:52 · 3 answers · asked by *COSI* 3 in Education & Reference ➔ Financial Aid
No, this is not what you must pay, this is a number that the government uses to measure the need of your family, so should get a decent amount of aid because there are some that have an efc of $10 and some have $50000. You will recieve more aid than the average student, but you will not get it all. Do not worry about paying for college, just try finding scholarships and if not you can get low interest loans that can be paid back very good terms. Just make sure you stay in school to get a good enough job to pay back the loans and you will be in great shape. Now a days it is not that rare for college students to be $50000 in debt after college and those people are fine. I know this because I have three older siblings that have graduated from college in huge amounts of debt and all but one have already paid all of it off.
2007-02-28 11:53:59 · answer #1 · answered by Anonymous · 1⤊ 0⤋
This is your expected family contribution and is a tool used by your school to determine how much financial aid you are eligible to receive.
The actual amount of aid is determined by several factors, so no one here could determine how much that would be.
2007-02-28 11:55:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
expected family contribution.. what your family must pay.. BUT mine has always been high but aid and loans always cover it and ive never been out any out of pocket expense
$2,950
2007-02-28 10:13:51 · answer #3 · answered by joetterb 3 · 0⤊ 0⤋