Why is my EFC so high?

cptofthehouse
Mon, 27 Apr 2020 21:27:32 +0000

thisisdann:

BelknapPoint:

You are in your last year of undergrad. Does that meant that you are a senior right now? Or are you concerned about your FAFSA EFC for academic year 2020-2021? When will you be graduating? What were your previous FAFSA EFCs? How has your need-based aid changed with a FAFSA EFC of around $29,000? No Pell grant? Subsidized loan amount reduced? Federal work study reduced? It’s hard to help you understand what has happened without more information.

I’m in my fourth year now and will be finishing in Spring 2020. I am concerned for this coming year. My previous years have been 0, 0, 0, 1509. with the $29,000 EFC they’re only offering me a loan. I’m not even sure if I’ll get work study. Which has been my main source of income since 2018 when I quit my first job which is why my income has so high that year.

Are you going into a fifth year of college? We are well in Spring 2020 now.