How to interpret my EFC score?

thumper1
Sat, 11 Mar 2017 19:18:03 +0000

Your FAFSA EFC is $41549. For one year. This means that your family will likely be expected to pay AT LEAST that amount when you attend college.

But there are exceptions:

1. If the school costs less than that...you would pay the amount the school costs.

2. If you apply to and are accepted at HYPSM they have generous need based aid for even higher family incomes. You might get some need based aid from them.

3. You can apply to colleges where you are eligible for merit aid...and hope you get it. Merit aid is NOT income dependent.

With a $41,000 EFC per fafsa, your family income is in the $125,000-$160,000 range…or so…OR your family has significant assets too.

Did you expect to get need based aid, and if so how much?