<p>I am not sure I understand your package - are you saying you have
grants totaling ~$44,000,
loans of $5,500
and work/study of $2,500?
Leaving $3,500 for you and your family to come up with?</p>
<p>Or that you have an EFC of $3,500 and only received $5,500 in loans and $2,500 in work/study - Leaving $47,500 for your family to cover? (This is very unlikely, but you don’t mention any grants.)</p>