Archive for the ‘financial_aid’ tag
Federal Student Loans Eligibility
What does it mean on my fafsa that my EFC= 2591 ?
I filled out the fafsa llast night and it says this:
Estimated Expected Family Contribution (EFC) = 2591
The EFC is an index that schools use to determine your eligibility and is not the amount of money that you have to pay.
Based on your EFC of 2591 you appear to be eligible to receive the following:
* A Federal Pell Grant of up to $3000. Grants do not have to be repaid; they are free money to help with the cost of college.
* An Academic Competitiveness Grant (ACG) of up to $750 for your first undergraduate year or up to $1300 for your second undergraduate year.
* Low-interest federal student loans. The amount of these loans depends on, among other things, your year in college, the cost of attendance at your school, and what other student aid you will be receiving.
* You may also be eligible to receive other federal, state, or institutional grants, scholarships, and/or work-study.
education.mypressonline.com – it has detailed info how to apply for financial aid and scholarships to get more cash.
Financial Assistance Services: Withdraw