Questions
about the FAFSA
nWhat does the FAFSA tell me?
nIt determines the Expected Family Contribution
(EFC)
nIt determines eligibility for Federal and State
Grants
nIt replaces a credit check for Federal Student
Loans
nWhat is the EFC?
nWhat your family
could contribute towards the total cost of living and paying for college
nHow does the School use it?
nDetermine Need (limits need based awards)
nCost of Attendance (limits all awards)
nNeed Formula:
COA-EFC = NEED