Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Student Financial Aid Bible

Student Financial Aid Bible

U S Department of Education

Paperback

Test Prep

ISBN10: 1499666322
ISBN13: 9781499666328
Publisher: Createspace
Published: May 24 2014
Pages: 72
Weight: 0.42
Height: 0.15 Width: 8.50 Depth: 11.02
Language: English
Federal Student Aid uses the data on your FAFSA to calculate an Expected Family Contribution (EFC). The EFC is an indicator of your family's financial strength to pay for education after high school. Your school will subtract your EFC from your total cost of attendance. The result is your financial need.The EFC is not the amount of money that your family must provide. Rather, you should think of the EFC as an index that the college will use to determine how much financial aid (grants, loans, or work-study) you would receive if you were to attend that school.Your application results are transmitted to the school(s) listed on your FAFSA, and the school(s) uses the EFC amount to determine the amount of financial aid that you are eligible to receive. Many states and schools also use the FAFSA data to award aid from their programs. Some states and schools also may require you to complete additional applications. Completing and submitting a FAFSA is free, whether you file electronically or on paper.

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