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Realistic Simple Definition of Your EFC Number (“Code”). It is not the amount of money your family will pay for college, it is an estimate. It is not the amount of financial aid you will receive. [Student Aid Report “SAR” EFC Codes].
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Your EFC Number Demonstrates Exceptional Financial Need – Zero EFC is the Best Number. How Do You Interpret Your 2015 EFC Score with Financial Aid? If your adjusted gross income is $24,000 or less for the 2014 base year, you have an automatic EFC 00000.
collegeselectionstrategy.comEFC MEANS ESTIMATED FAMILY CONTRIBUTION. ITS AN INDEX NUMBER THAT THE GOVERNMENT USES TO TELL HOW MUCH YOU CAN PAY AHEAD OF TIME TO GO TO COLLEGE. THE LOWER IT IS THE BETTER. EFC OF ZERO IS THE BEST YOU CAN GET.
uk.answers.yahoo.comYou are correct in that EFC 0 means that your expected family contribution is 0, which means you have high financial need. Having a 0 EFC however, does not mean that you are guaranteed a "full ride" in college...it only guarantees that you will be eligible for the maximum amount of Pell grant, which is...
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