A few days ago
FAFSA question can anyone help me?
I recently submitted a FAFSA application and it says my estimated EFC is 368, what does it mean? am I going to qulify for a loan?Thanks everyone for answering.
Top 3 Answers
A few days ago
Favorite Answer
An EFC of 368 means that
IF all the information on your fafsa is correct that you MIGHT qualify for about $1980.00 in Pell grant per semester (you don’t have to pay back) if you attend school full time (usually 4 classes). You have to meet about a million other qualifications too… no defaulted student loans, no bachelors degree, decent college GPA, not too many college credit hours, and on and on and on…
Good Luck, hope it helps.. and yes, you will qualify for student loans.
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A few days ago
EFC- expected family contribution.
You will probably get a loan, but your family is expected to put 368 toward your schooling.
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A few days ago
EFC stands for expected family contribution. That is quite low so you are probably going to get a Stafford Loan (no interest while you’re in school).
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