2007-09-05 16:07:34 · 8 answers · asked by Kara C 2 in Education & Reference ➔ Financial Aid
With an EFC of 0, attend the very best college that you can get into without regard to costs. An EFC of 0 means you will be eligible for maximum financial aid. You may as well take advantage of that position.
2007-09-05 16:29:52 · answer #1 · answered by CoachT 7 · 1⤊ 0⤋
It means that based on your current income (or that of your parents) your estimated financial contribution (EFC) for college is $0. Thus, you are a candidate for loans (especially subsidized loans) and grants (in California Pell Grants and, if your GPA is good enough, Competitive CalGrants). Go to your financial aid department at your school and find out if you are eligible for any of the aforementioned grants and/or any that are distributed in your state. Good luck!
2007-09-05 16:14:28 · answer #2 · answered by wendy_the_pyro 4 · 0⤊ 0⤋
I'm not sure what the rest of it means, but an EFC of 0 means you will get the full Federal Pell Grant, which is $5350.
2016-05-17 18:11:00 · answer #3 · answered by ? 2 · 0⤊ 0⤋
EFC stands for Expected Family Contribution. They have calculated that your family does not have the means to contribute to your education out of pocket. You will definitely be eligble for grants and loans. I suggest also looking into scholarships so you do not have to take as much out in loans.
2007-09-05 18:52:31 · answer #4 · answered by yvetteb93021 3 · 0⤊ 0⤋
EFC=Expected Family Contribution. Since yours is zero, you're going to get some money!
2007-09-05 16:15:04 · answer #5 · answered by Mrs B 2 · 1⤊ 0⤋
Your estimated family contribution is 0. That means your income is low enough that they don't expect you to be able to contribute. You should be able to qualify for grants, I think.
2007-09-05 16:12:20 · answer #6 · answered by mljk74 3 · 1⤊ 0⤋
Your Estimated Financial Contribution is zero.
That means that you are not expected to contribute any of your own savings to pay for college expenses.
2007-09-05 16:12:53 · answer #7 · answered by bedbye 6 · 1⤊ 0⤋
expected family contributions It means they don't think your family will help you out.
2007-09-05 16:16:15 · answer #8 · answered by nursesr4evr 7 · 0⤊ 0⤋