anyone know???
2007-04-22 05:09:48 · 4 answers · asked by fcukriot 3 in Education & Reference ➔ Higher Education (University +)
Your EFC is what the FAFSA guys think your family should contribute, but the colleges dont have any obligation to madke up the difference between that amount and their costs. Some colleges promise to make up the difference in grants and loans, but not all schools are rich enough to do that.
If USC doesnt want to pay up there is no way for you to force them to give you more money. You will have to choose a different school.
2007-04-22 07:37:29 · answer #1 · answered by matt 7 · 0⤊ 0⤋
Was there any other information on your Financial aid award letter? I guess I am not understanding what you are asking because EFC (Expected Family Contribution) is only $3,600 while the cost of attendance is $25,000. That means your financial aid covered a large portion of the cost? When I went to college, I always received enough for tuition and housing. The financial aid award usually looked like this: cost of attendance - $16,000, Expected Family Contribution (EFC) - $2,500, Financial Aid Elibility $13,500. From the financial aid section, I was awarded enough grants and federal loans to cover the cost of attendance (which covers fees, books & supplies, room & board, personal expenses, and tuition). Even though it said EFC is $2,500, my parents did not have to put in a single penny for my education.
2007-04-22 14:26:43 · answer #2 · answered by Kalyfornia 2 · 0⤊ 0⤋
Have you called the financial aid department at USC to find out?
2007-04-22 12:25:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You have to get another loan from an independent loan company...the loan company differs from state to state. Your parents might have to co-sign the loan and if you get approved then you won't have to pay that money back until after college.
2007-04-22 12:19:06 · answer #4 · answered by Anonymous · 0⤊ 0⤋