What does EFC 449. mean?

Answer 1

EFC stands for Estimated Family Contribution...if your EFC is 449, it means that you/your family should expect to pay $449 that will go towards your education for that school year

but i am more than sure that since your EFC is only 449 that the financial aid you get offered according to the school you attend will cover your tuition and fees

Answer 2

It means that you should be eligible for the PELL grant. It does not mean that all of your tuition will be covered, unless your tuition is less than or equal to the amount of PELL grant you will be receiving. With that EFC you should be eligible for ABOUT $4,000 in PELL. (the max you can receive for the 2007-2008 FAFSA year is $4,310 with a 0 EFC) This also depends on how your school will disburse pell. So, the best thing to do is contact your Financial Aid office to discuss all of your options.
Good luck!

Answer 3

This is a fairly low EFC. You will qualify for a Pell Grant at your school. Contact them for the actual amount. You will also probably be eligible for a Subsidized Stafford loan, if needed.

Answer 4

It means that you are eligible to receive $3,860 in Pell Grant for the 2007/2008 Financial aid year (July 1, 2007 until June 30, 2008.). You may be eligible for more grants, such as SEOG, depending on your school. You should also be eligible for student loans to cover the remaining balance of your tuition.

Answer 5

EFC is the estimated family contribution. That is really good. That means you will be eligible for financial aid to cover the entire cost of your tuition.

Answer 6

this is the Expected Family Contribution, how much your family is expected to be able to afford to pay for your schooling for the year- $449. This is very low, meaning you will be eligible for a lot of grants, and the most available for loans to fund your schooling.
look into scholarships as well: http://fastweb.com/