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Just What Does My EFC Code for School Funding Suggest?

Just What Does My EFC Code for School Funding Suggest?

EFC means Expected Family Contribution. The EFC rule quantity you obtain once you finish a FAFSA (complimentary Application for educational funding) may be the amount your household is anticipated to add for starters 12 months (the institution 12 months to that your FAFSA pertains). Even though the federal Department of Education uses your EFC to ascertain Pell and loan that is subsidized, universities differ commonly how they might make use of your EFC number. Continue reading