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EFC stands for "Expected Family Contribution". Receiving a zero mean that based on the information that you provided while filling out your FAFSA, the government does not think that your family will be able to help you out with paying for your education. This allows you to be in the running for many grant, scholarships, and financial aid from your school.

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Q: What does it mean if your EFC number is 0 on your FAFSA?
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What does 0000 EFC mean on your FAFSA?

EFC stands for expected family contribution. Having an EFC of 0 just means that your family is expected to contribute $0 towards your education. It means you'll get more aid.


What if your EFC is 308 not 0?

That means the expected family conribution "EFC" amount is $308. It's basically what the government thinks your family should be able to pay or contribute for college. So the lower your number is the more financial aid you would recieve.


Why would your EFC drop significantly from 3900 to 0?

EFC stands for Expected Family Contribution.The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if you go to their school.Your EFC is figured out after you report information about your specific situation on the FAFSA.It is based on a formula established by law.This formula considers your family’s taxed and untaxed income, assets, benefits, family size, and number of family members attending college. If any of these things has changed, this could be why your EFC changed.Your college figures out how much need-based aid you will receive by subtracting your EFC from your Cost of Attendance.Your EFC is not how much financial aid you will receive, nor is it how much money you will have to pay for college.


With an efc of 0 and expenses of 16000how much can you get in grants and loans?

It depends on your school's financial aid policy, but an EFC of zero will most likely get you the maximum need-based financial aid in terms of grants. A family unable to contribute to their child's college expenses may not have the credit to cosign a student loan, but it may not be necessary since you will likely qualify for enough grants to cover expenses. Merit-based financial aid is a different story entirely, but you may be able to make up some of your expenses with that as well.


What is IBAN code of City National Bank of Florida?

iban number # 0 6 6 0 0 4 3 6 7

Related questions

What does 0000 EFC mean on your FAFSA?

EFC stands for expected family contribution. Having an EFC of 0 just means that your family is expected to contribute $0 towards your education. It means you'll get more aid.


What is the most FAFSA applicants have qualified for?

I'm not sure exactly what you're asking, but when you fill out a FAFSA, you are given an EFC (expected familial contribution) that is based on the information you provide. The FAFSA itself is not a grant/loaning body..but a metric by which to assess what federal/state grants you qualify for, and for your university to determine your "need" (this is a highly contested value, and varies school by school). My EFC is 0 (and my university has a large endowment) so I have received a full ride. Hope this helped!


If your EFC is 0 who pays for your education?

EFC stands for Expected Family Contribution. The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if you go to their school. Your EFC is figured out after you report information about your specific situation on the FAFSA. It is based on a formula established by law. This formula considers your family's taxed and untaxed income, assets, benefits, family size, and number of family members attending college. Your college figures out how much need-based aid you will receive by subtracting your EFC from your Cost of Attendance. Your EFC is not how much financial aid you will receive, nor is it how much money you will have to pay for college.


If my son's EFC was 0 why is his college asking for the balance of 3844 to be paid by his parents this is after all grants and loans figured?

That means the tuition and fees are higher than the financial aid he received, and so now he and his family are responsible for the difference. EFC stands for Expected Family Contribution. The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if you go to their school. Your EFC is figured out after you report information about your specific situation on the FAFSA. It is based on a formula established by law. This formula considers your family’s taxed and untaxed income, assets, benefits, family size, and number of family members attending college. Your college figures out how much need-based aid you will receive by subtracting your EFC from your Cost of Attendance. Your EFC is not how much financial aid you will receive, nor is it how much money you will have to pay for college.


What if your EFC is 308 not 0?

That means the expected family conribution "EFC" amount is $308. It's basically what the government thinks your family should be able to pay or contribute for college. So the lower your number is the more financial aid you would recieve.


What does a efc of 1991 mean?

An EFC of 1991 is supposed to mean that, according to the formula used on the FAFSA, you (and your family) should be able to contribute $1991 towards your education during the school year in question. That doesn't actually mean that you will have to pay that amount and it also doesn't mean that this is all that you will have to pay. An EFC is used as a gauge of how much 'need' a student has. A student with an EFC of 0 (zero) has greater need than a student with an EFC of 1991. Generally, an undergraduate student with an EFC of 1991 will be eligible for a Pell grant, maybe a Supplemental Educational Opportunity Grant (unlikely, but it could happen depending on the school), possibly a state grant (if your state has one and you attend a qualifying college) and possibly an Academic Competitiveness Grant if you are a recent graduate that completed a 'rigorous program' in high school. In addition, you are likely to be offered subsidized Stafford Loans (the kind that don't accrue interest while you remain enrolled at least half-time in school and have a slightly lower interest rate when you do enter repayment) and you may be offered Perkins Loans depending on your school. Some scholarships also consider a student's need before awarding.


Why would your EFC drop significantly from 3900 to 0?

EFC stands for Expected Family Contribution.The is an index number that college financial aid staff use to figure out how much financial aid you are eligible to receive if you go to their school.Your EFC is figured out after you report information about your specific situation on the FAFSA.It is based on a formula established by law.This formula considers your family’s taxed and untaxed income, assets, benefits, family size, and number of family members attending college. If any of these things has changed, this could be why your EFC changed.Your college figures out how much need-based aid you will receive by subtracting your EFC from your Cost of Attendance.Your EFC is not how much financial aid you will receive, nor is it how much money you will have to pay for college.


If your EFC is 0 how much aid will you get from Suffolk University?

Your entire tuition should be paid for by your financial aid qualifications.


A number not divisible by 2?

If you mean in terms of getting a whole answer as the answer then any even number, 1, or 0. If you mean no answer, then 0.


What number has a range of 5a median of 16 and a mean of 15?

A single number cannot have a range (other than 0), nor can it have a median that is different from its mean. A single number cannot have a range (other than 0), nor can it have a median that is different from its mean. A single number cannot have a range (other than 0), nor can it have a median that is different from its mean. A single number cannot have a range (other than 0), nor can it have a median that is different from its mean.


What does the number 0 mean in the bible?

0 means nothing in the scriptures.


In the number 789.045 which number is in the tenths column?

It is digit and it is 0, if you mean tenths, 8 if you mean tens.