I just got back my EFC on my Fafsa and it's 02482, is that good or bad? How much aid money should I get?

Question

Also. is the EFC number for grants and loans or just grants. Last year I had a simlar number and got a 200 dollor refund check becasue I had money left over.

Answer 1

EFC is estimated family contribution. I would guess that you qualify for Pell and most likely student loans. The amount in dollars and cents depends on the school that you attend. For example, a school that charges higher tuition would make your award more in dollars and cents but comparable in ratio to the amount that you would recieve if you went to a school that charged less.