Financial Aid Night - Follow Up Questions (Responses)
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TimestampQuestions/CommentsAnswers
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1/22/2016 10:04:16If I have an EFC of $3,000 in my financial aid package from my college, what payment options do I have?payment options can vary from school to school. once you register for classes and generate a bill, you will want to contact the billing office at your school (or view their website) for various payment options they have available to students/familes. also, your EFC is not the figure of what your bill will be at your chosen school - that depends on their cost of attendance. the EFC is a figure the federal government and schools use to determine need for various types of aid.
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1/22/2016 13:36:56Hi,
About case #2, If there are three students how it will change the Family Contribution?
Thanks
with an AGI of $100,000, 4 in the family and 3 in college (instead of 1), you can expect the EFC in the example to decrease. in actual practice, the amount of decrease may vary depending on any of the other values that you provide on FAFSA.
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