18k EFC, Will I receive money from the govt?

<p>I have an 18k EFC and will be attending a top 10 school that costs about 50k/year. Will I be able to receive money from the govt with this EFC and if so, what would you say the range will be?</p>

<p>An EFC of 18,000 is too high for grant money available from the government (such as Pell grant, SEOG, ACG - Pell requires an EFC of @4800 or below, ACG is dpendent on Pell eligibility and SEOG is even harder to get). Any govt aid you get will be in the form of loans or work study. If you have financial need (difference between COA and EFC) you may be eligible for some government student loans such as Stafford. The Stafford loan maximum for a freshman is $3500. There are also loans in parents names (plus loan). You may also be eligible for federal work study (where you earn money through a work study job). I believe the maximum yearly amount for FWS is @ $3500. You will not get enough loans/WS from the govt to make up the difference between 18000 and 50,000. Does your school offer any institutional aid?</p>

<p>[FinAid</a> | Student Loans](<a href=“http://www.finaid.org/loans/]FinAid”>http://www.finaid.org/loans/) has good information on loans.</p>