EFC of 5394 for WGU?

Question

What can a person with an EFC for Western Governors University expect? Do you think I'll receive any financial aid? I don't work, only my husband and he had to work over a lot last year so we made more than usual; so now I'm paying when it comes to my financial aid! :( THANKS!

Answer 1

You would be eligible to take out an Unsubsidized Stafford loan.  Here is a good book about the rates and max amounts you can borrow.

Answer 2

Depending on the cost of your school you may be eligible for both subsidized and unsubsidized student loans.  If your husband is not working as much in 2008 as he did in 2007, contact your financial aid office.  Some schools may take a significant drop in income into consideration in determining your aid.  

For more information on financial aid visit these site:

http://www.fafsa.ed.gov

http://studentaid.ed.gov

Answer 3

wow.  you wouldnt be eligible for pell grant but be eligible for stafford loans.