My EFC is 290 is it realistic to think I'd only have to pay $300?

Paying for College
1

<p>That’s how I interpreted it, but is this just wishful thinking?</p>

2

<p>if you go to a school that meets 100% of need- say Yale
you will only have to pay $290 out of pocket
then the remainder of your aid package will be made up from loans, grants and work study
remember that they may not allow the true costs of travel expenses or books and supplies.</p>

3

<p>Yes, it is wishful thinking in most cases. Very few school choose to pick up such heavy tab. Check out collegeboard financial profile on what typical fin aid package your school gives. If the school 100% need met but not HYP, you will get some loans/ which is money you have to pay back with interest/ work study and grants. Many schools will expect contribution from student summer job at least 1-2k.</p>