I am attending school for spring, summer, and fall sessions. And does the EFC include living expenses too, or just the cost of tuition? I am living off campus.
2007-03-26 06:41:05 · 3 answers · asked by h.marieh 2 in Education & Reference ➔ Financial Aid
The EFC is good for the school's calendar year. It is based on your family's income and savings along with your income and savings. Your income and savings count at a higher percentage rate than your parents (if under 24 years old). It can include living expenses and tuition depending on the situation. However, the final amount of financial aid will not be known until the school gets back with your financial aid package. Good luck!
2007-03-26 07:39:31 · answer #1 · answered by dawncs 7 · 0⤊ 0⤋
It's for the whole year and yes it does. Living expenses is the housing cost which is include if you are living on campus with a school that have housing. If you are applying late such as going to school in the spring instead of the fall it will only cover the summer. Every year you will have to apply again for the fall, spring, and summer semesters which is January 1 of every year
2007-03-26 07:26:39 · answer #2 · answered by snicker4274 3 · 0⤊ 0⤋
efc is for the whole year. If it is a 4 year college, normally it is the on-campus cost is added in the cost of attendance.
2007-03-26 06:45:47 · answer #3 · answered by sunshine23511 5 · 0⤊ 0⤋