EFC?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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mylifeis24
Posts: 323
Joined: Tue Oct 29, 2013 3:23 pm

EFC?

Postby mylifeis24 » Thu Feb 06, 2014 9:02 am

My EFC on the FAFSA is listed as 001250. Is this $1,250? Or am I missing something?

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crg0097
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Joined: Sun Aug 04, 2013 11:22 pm

Re: EFC?

Postby crg0097 » Tue Feb 25, 2014 4:04 pm

mylifeis24 wrote:My EFC on the FAFSA is listed as 001250. Is this $1,250? Or am I missing something?


Yes, it means your EFC is $1,250. That's typically low enough to qualify for need-based aid, if your school offers any to graduate students.

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aboutmydaylight
Posts: 580
Joined: Tue Jan 08, 2013 7:50 pm

Re: EFC?

Postby aboutmydaylight » Sat Mar 01, 2014 3:37 am

My EFC came out to 0. The thing I don't get is that on the FAFSA I qualify as an independent student so I'm assuming its not taking into account my parents income (even though I entered it). Is this correct? In this case, wouldn't this number basically not matter for law schools since they ARE going to take into account my parents income?




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