Anyone care to explain my EFC to me?

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Hello all. I just filled my fafsa out and came up with an EFC of 4050...all I understand is that I won't receive a pell grant, but I also don't have $4,000 to pay up front either. Could anyone explain it a little better for me? And by the way I'm going to be attending Ivy Tech for the ASN program (hopefully). Anyone also know about how much it is a year...part time? Thanks so much everyone!

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Specializes in ICU.

EFC is estimated family contribution. So the gov thinks your family is going to help you with about 4k a year. Beyond that what are you asking to be clarified?

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Hey thanks for the reply. I was wondering if the EFC could change at all once your school receives the info or if that was a set amount? I just really don't know much about it, and didn't know if there was more to it or not?

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the efc is based on your income. You make too much money to receive the pell. Only way that would change is if you made less money.

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