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Financial aid methodologies are used to calculate a family's EFC. EFC Ranges If you are making less than $30,000 a year, it's highly likely that your EFC will be $0.
Your Expected Family Contribution is used to determine how much financial aid you get for school. Your EFC is based on the information you provide on the FAFSA about your family's income and assets.
Parents can't afford their EFC, or expected family contribution, after filling out a FAFSA to get financial aid. Some have turned to drastic measures.
If you're relying on federal student loans to help you pay for college, you'll first need to complete your Free Application for Federal Student Aid (FAFSA). The information you provide on the ...
Expected Family Contribution (EFC): This is the measure of your family's financial strength, and how much of your college costs it should plan to cover.This is calculated based on a specific ...
Your Student Aid Report is also sent to each college that your child listed on the FAFSA. ... For example, EFC27000 means that your expected family contribution is $27,000.
Here are some of the most frequently asked questions we receive regarding financial aid. If you have a question that is not answered here, please contact the Office of Financial Aid at (570) ... EFC ...
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What Is A Good SAI (Student Aid Index)? - MSN
The Student Aid Index (SAI) replaced the Expected Family Contribution (EFC) for the FAFSA (which families are filing right now). However, this has led to a lot of confusion.
When reviewing your SAR, look for the Expected Family Contribution (EFC) number. Your EFC can be found in the box at the top of the first page of your SAR, under your Social Security number.
One major change is replacement of the expected family contribution – a formula to determine need-based financial aid eligibility based on answers families provide on the FAFSA – with the ...
If you're relying on federal student loans to help you pay for college, you'll first need to complete your Free Application for Federal Student Aid (FAFSA). The information you provide on the ...
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