The EFC is subtracted from the cost of attendance to estimate your financial need. For example, if the cost of attendance for the college you plan to attend is $50,000 then your estimated financial need for that school would be $27,782 ($50,000 - $22,218)
If i am an independent with a bachelors degree and currently around $20,000 in student loans who is going back to school for nursing and is taking prerequisites this semester and next semester therefor not employed and has saving of $12,000 that i've saved up to put toward my loans will this hurt my EFC? I am trying to apply for a scholarship where I need a EFC? between $0- $5,328. Do i put money from my savings toward my current loans so my EFC? is lower so i have a better chance of being in that range? I also use my savings as money to live right now since i am a student and not working. What should I do?
ineed you are my man, m in the same sh****t!! u wan't get the PELGRANT they force you to get a loan, which you will pay back!actualy he should be explaining how to lower the EFC
What does 60 mean
What does 001602 mean?
I got an EFC of 022218. What does that mean?
The EFC is subtracted from the cost of attendance to estimate your financial need. For example, if the cost of attendance for the college you plan to attend is $50,000 then your estimated financial need for that school would be $27,782 ($50,000 - $22,218)
Is a EFC 000053 good
If i am an independent with a bachelors degree and currently around $20,000 in student loans who is going back to school for nursing and is taking prerequisites this semester and next semester therefor not employed and has saving of $12,000 that i've saved up to put toward my loans will this hurt my EFC? I am trying to apply for a scholarship where I need a EFC? between $0- $5,328. Do i put money from my savings toward my current loans so my EFC? is lower so i have a better chance of being in that range? I also use my savings as money to live right now since i am a student and not working. What should I do?
I have an efc of 007273 is that bad ? 😬
Sydney i dont think it is!
I have an EFC of 068839.
Am I screwed?
ineed you are my man, m in the same sh****t!! u wan't get the PELGRANT they force you to get a loan, which you will pay back!actualy he should be explaining how to lower the EFC
Is 000325bad
What does 0000 efc mean...I'm slow
EFC means expected family contribution. I'm not sure where you got the 0000 from.
Same I got a EFC of 00000
What does the 00000 mean?
Ok..it's a good thang..I saw other videos
zpSean it means they don't expect you to pay anything to go to college! ITS A GOOD THANG
Got a 000001 EFC 😎