Question about my EFC number…?
I just applied for financial aid and I got an EFC of 175. What does this mean?
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The EFC is what the financial aid office will use to determine your aid eligibility based on federal, state and institutional policies. Give your school’s aid office a couple of weeks to process your aid package. If you haven’t heard from them then give them a call for an update.
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That’s what the FAFSA estimated that your family will be able to contribute toward your education for the year. 175 is not a large EFC so you’ll be eligible for more aid.
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It means that your family is not expected to contribute very much money at all towards your education. You will most likely receive a federal Pell grant and any other grant that applies. Also, if your school has a good endowment, you will probably get a lot of financial aid money.
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You family is expected to contribute that much towards your tuition.
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