efc for $30

Paying for College
1

<p>if my parents make about 30k combined, they have 5 kids, 4 of the dependent (including me), what kind of efc can i expect?</p>

2

<p>There are a number of financial aid calculators you can use that will estimate the EFC for you try the one on the college board or on Finaid. Have you filed your FAFSA yet? If yes, then you will get your SAR with your EFC in a few days.</p>

3

<p>There’s an EFC calculator at:</p>

<p><a href=“http://www.princetonreview.com/college/finance/efc/[/url]”>http://www.princetonreview.com/college/finance/efc/&lt;/a&gt;&lt;/p&gt;

<p><a href=“http://finaid.org/calculators/finaidestimate.phtml[/url]”>http://finaid.org/calculators/finaidestimate.phtml&lt;/a&gt;&lt;/p&gt;

<p><a href=“http://apps.collegeboard.com/fincalc/efc_welcome.jsp[/url]”>http://apps.collegeboard.com/fincalc/efc_welcome.jsp&lt;/a&gt;&lt;/p&gt;

<p>From my experience, the simulators were pretty close to my real EFC (albeit some higher and some lower – varies)</p>

4

<p>Expect an EFC of close to 0, unless you have a bunch of savings in your name.</p>

5

<p>i’m hope so. lol. i think the most my family can afford a year is maybe $1000, but even that may be too much.</p>

6

<p>you may have a little – our income is just less than $30,000 (~25,000) and we show 2 in college. no assets at all and my EFC was $221.</p>

<p>Do your FAFSA asap – use estimated numbers if you need to – and find out what the EFC is. That way you avoid any unhappy surprises and have time to make any corrections you need to.</p>