What happens if your efc is 0

It means that the number is negative. Negative numbers are always under 0. It could be a property of multiplication or of addition. Multiplicative property of 0: Any number times 0 is 0.

Log in. See Answer. Best Answer. Study guides. Write your answer Related questions. If your EFC is 0 who pays for your education? Why would your EFC drop significantly from to 0? What if your EFC is not 0? What does a efc of mean? A number not divisible by 2? If my son's EFC was 0 why is his college asking for the balance of to be paid by his parents this is after all grants and loans figured?

What does the number 0 mean in the bible? In the number What online school gives the biggest refund checks? What does the power of 0 mean?

What do you mean by undefined terms? What is the mean absolute deviation of ? What number has a range of 5a median of 16 and a mean of 15? What does the origin mean in a number line? What number is divided by 4 and 6 equal? What is 0. The first whole number is the number one? Why is 0 undefined? What does efc ? Basic formula, total cost of attendance minus your EFC number equals your family financial need. What does your EFC number mean if it is not ? Pell Federal Educational Grants money that does not have to be paid back Federal Work-Study Program does not count as financial aid income for student Perkins Loans Subsidized Unsubsidized Stafford Loans You will see these programs in the financial aid award example below.

Perkins loans are campus-based meaning decisions are made the college you are attending. Available for students with exceptional financial need EFC 0 qualifies , No interest rate is charged while the student is in school at least half-time, Repayment starts 9 months after graduation. College Strategy Alerts — Free! Name Email. Coach For College. College Financial Planning. About Us. Circular disclaimer: To ensure compliance with requirements imposed by the IRS, we inform you that any U.

All Rights Reserved. Department of Education guarantees that each participating school will receive enough money to pay the Federal Pell Grants of its eligible students. Schools must pay students at least once per term semester, trimester, or quarter. Generally, schools that do not use traditional terms must pay you at least twice during the academic year.

You will have to come up with a way to get the rest of this money outside scholarships, your parents taking out loans -if eligible. And for a truly stellar out-of-state student, the tuition may be affordable, but you would still be expected to pay room and board. Either out-of-pocket or from loans.

If this means you have no family, you might be eligible for specific aid for students like yourself. In our state that is the case for students in the foster care system, for example. If you have a special circumstance like this, you might want to talk to your high school guidance counselor to find out if your state has any programs of this kind.