What does my Fafsa EFC number mean? What might I get for it?

Question

Ok my fafsa efc number is 04304. It's such a low number. Is that good or bad? I can give more details if needed, but would rather not. But roughly how much help will that give me?

Answer 1

EFC stands for "Expected Family Contribution" So the number 04304 means your family should expect to contribute 4,304 dollars. This probably means your family doesn't have enough money to pay for college so your college should give you more financial aid. I did have a friend in the past who had a EFC of 0.

Answer 2

that is your estimated family contribution and yes when it is lower it is a good thing you are able to be offered more financial aide if your family cant pay for alot. I dont know how much help it will give you that depends on how much the school was given