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jennco88jennco88 Registered User Posts: 1 New Member
What does an EFC score of 006640 mean?

Replies to: EFC Score

  • brantlybrantly Registered User Posts: 3,422 Senior Member
    It means your financial need was calculated as the cost of attendance minus $6,640. That doesn't mean that you'll only have to pay $6,640, though. It depends on how generous your college is. Very few colleges provide enough financial aid to meet your need 100%.
  • austinmshauriaustinmshauri Registered User Posts: 7,552 Senior Member
    The FAFSA EFC is used to calculate Pell Grant eligibility. An EFC of $0 qualifies students for a full Pell Grant. Unfortunately, an EFC above $6,000 (which yours, at $6640 is) means you're ineligible for a Pell Grant.
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