Is a score of 01498 good or bad on EFC (expected family income) for financial aid for college?

Question

Is a score of 01498 good or bad on EFC (expected family income) for financial aid for college?

Answer 1

Your EFC means you're expected to contribute $1,498.  It is bad if you can't afford it but it can also be good if you can afford it and thinks it's cheap.

Answer 2

You will not get a full pell grant unless you have a 0 EFC.  I would estimate that you probably receive about 1200 a semester if you go full time.

Answer 3

You should be able to get a pell grant. Good luck

Answer 4

The lower the score the better off you are. An EFC of 1498 is very low considering the cost of tuition at most colleges and universities. You will probably get a full Pell Grant, Work Study, and Loans.