Your EFC Number Demonstrates Exceptional Financial Need – Zero EFC may be the cheapest quantity

How can you Interpret Your Academic Year EFC Score for School Funding?

In the event your modified income that is gross not as much as $24,999 or less for the beds base 12 months, you’ve got a computerized EFC 00000. Crucial, this does not always mean you spend absolutely nothing for university, read further to comprehend why.

Next, in the event your earnings is $49,999 or less you be eligible for the “simplified needs test” meaning both the parent’s and student’s assets aren’t counted when you look at the EFC calculation. Read more