my efc is 02219 is it low or high and how much aid will I recieve?

Question

my efc is 02219 my college cost for each school is as listed

1. university of alaska anchroage $24, 750 estimated from the college
2. Western wyoming college$ 20,000
3.colorodo mountain college $23,000

Answer 1

It means you still get a Pell Grant, but the school's financial aid package is unknown until you hear back from them. The maximum Pell Grant for the 2007-2008 school year is 4310. From 4310, we subtract the 2219 which would equal $2091 which would equal your Pell Grant which would mean that you do not have to pay it back. The rest of your college's financial aid would be made up of school scholarships, work study program, and student loans. I will include some free resources and places to locate more money for college in case you need it. However, you need to start applying now because scholarship deadlines are fast approaching.

First, the college's financial aid office and website has a list of private scholarships offered from outside organizations and companies. Sometimes a college major's website will list scholarships, too.

Second, the public library has a book listing scholarships with some not even listed on the web.

Third, the high school guidance office has a list of local scholarships and state scholarships & grants.

Fourth, a campus work study job can help with money needed during the school year. The program is funded by the federal government. It will be a job on campus and most times can work to your availability schedule. There should be a box on the FAFSA form for it.

Finally, I recommend joining several free membership scholarship search websites. There are scholarships for a variety of things including ethnicity, clubs, hobbies, and even wearing duct tape to the high school prom. Most are updated on a regular basis. Most offer a customized search based on information entered onto a form on the website.

Good luck!

Answer 2

it just means according to the paperwork you filled out your contribution for the year will be $2219, depending what they estimate you need to attend school your benefits will go up. If you live with your parents, it will not be as much but if you are an independent student you will receives much more. Also if you are going to receive loans too, at a university you can usually borrow up to 15,000 the first year BUT use only what you need, i know it is tempting though.


Good Luck