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What does an estimated expected family contribution with six numbers mean?
When I finished my FAFSA, it said my EFC was 005171. Does that mean I will get some kind of aid? My mother makes around 60,000+, sometimes it's 70,000 but she gets a high amount of tax taken out with every paycheck and our bills are expensive.
I thought the EFC was supposed to be five digits long. I'm worried that there was some kind of error or something.
2 Answers
- DrIGLv 77 years agoFavorite Answer
You will need to wait and see. You are reading too much into things.
- 7 years ago
No, you don't need to wait and see. Your EFC is $5171. That means that based on the federal calculation method, you and your family are expected to contribute $5171 toward the overall cost of your education during the next school year. That is relatively low and you will qualify for, at least, subsidized student loans.
