How to interpret my EFC score?

WhataProcess
Sat, 11 Mar 2017 19:27:03 +0000

That means an estimated family contribution of $41,549. Generally, you should look at that as the minimum you would pay without any merit aid.

So, a school that costs more than that MIGHT offer you some grant money, and/or suggest some loans and work-study to help cover the difference between the COA (cost-of-attendance) and your EFC.

Some schools also use the CSS Profile, and have their own way to calculate your EFC, which can be different from the FAFSA.

Every school has a Net Price Calculator (NPC) on their website. That’s a good way to see what a school is likely to offer in need-based aid. You should also explore whether the school offers merit scholarships.