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Less Than 25000 0 Efc


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Less Than 25000 0 Efc. Do you know if you’ll qualify for financial aid and how much you’ll receive? This means both the parent’s and student’s assets are not counted in the efc calculation, and may lead to a 00000 efc result.

Alameda County Court Watch on Twitter "Filed today WELLS FARGO BANK
Alameda County Court Watch on Twitter "Filed today WELLS FARGO BANK from twitter.com

If your income is below $49,999, your family qualifies for a simplified needs test. If a dependent students' family's income is less than $24,000 and government assistance was needed for that filing year, the efc will automatically be zero. A family with an adjusted gross income of less than $25,000 has an automatic efc of $0.

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Alameda County Court Watch on Twitter "Filed today WELLS FARGO BANK

Slightly more than 10% have an efc greater than $25,000. This means both the parent’s and student’s assets are not counted in the efc calculation, and may lead to a 00000 efc result. If a dependent students' family's income is less than $24,000 and government assistance was needed for that filing year, the efc will automatically be zero. The key purpose of the fafsa and efc is for colleges to determine your eligibility for financial aid.

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