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What is a Good EFC?

The Expected Family Contribution, or FAFSA EFC, is one of the most important indicators of whether or not you’ll receive...

Why is My EFC So High?

The EFC, or Expected Family Contribution, is a measure of your family’s ability to pay for college based on what you ent...

Does Paying Off Debt Lower your EFC on FAFSA?

While going through the FAFSAⓇ, you will notice that there is nowhere to include the value of your existing consumer deb...

How Can I Fill the Gap Between Financial Aid and My Ability to Pay?

When you receive a financial aid letter from a school, you hope that the offered aid covers all of your financial needs....

How is a Distribution from a ROTH IRA Treated for FAFSA?

Knowing what to include on your FAFSAⓇ application can be tricky. If you have questions about how to handle your retirem...

How Will Your Home Equity Affect Financial Aid?

Financial aid calculations are complex and factor income and assets differently and depend on the school. While most sch...

What Does it Mean to Accept a Financial Aid Award?

Each year, colleges and universities are provided with funds from the federal government to award grants, loans, and sch...

Do You Have to Pay Back FAFSA?

When you make the choice to apply for financial aid, which can include federal loans, work-study opportunities, and gran...

Can a High EFC Affect Potential Merit Aid Awards?

So, you got your FAFSAⓇ results back and oh no, a high Expected Family Contribution (EFC) number.

What Happens After I Submit the FAFSA?

So you have finally hit the button signifying submission of the all-important Free Application for Federal Student Aid (...

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