| By Candyice (Candyice) on Monday, April 14, 2003 - 04:07 pm: Edit |
I filled out 2 months a go, all I got was the URL to the SAR(I think)and all it said was mumbo jumbo. Thats it! I don't really know how much aid I'm eligible for. So if I DO get admmited to any school(if luck's on my side)I'l go with alternative loans.Sheeesh, I really wasted my time.
| By Emeraldkity4 (Emeraldkity4) on Monday, April 14, 2003 - 10:05 pm: Edit |
Your SAR should say what your EFC(estimated financial contribution). is.
This information will be sent to the schools on your list, and they should be sending you if they haven't already their financial aid offers.
Some schools have very limited aid, and it really benefits you to fill it out as soon as possible ( January 1st)
I would contact them if you have any questions
http://www.fafsa.ed.gov/contact.htm
Virtually all schools have already sent out acceptances, to help others what schools are you applying to that have such a late deadline?
BTW it is worth it IMO to fill out the FAFSA. A loan that is low interest and subsidized by the government is a much better deal than getting one from a private lender who will require you to start paying it back right away.
for other questions
www.finaid.org
| By Ravi (Ravi) on Friday, April 18, 2003 - 02:14 am: Edit |
EFC is Estimated Family Contribution
| By Emeraldkity4 (Emeraldkity4) on Friday, April 18, 2003 - 10:43 am: Edit |
That is correct but can we say "nitpicking", boys and girls?
The EFC comes down to the amount that the government and the school will require parents to come up with before financial aid is offered ( need based)
| By Dolce (Dolce) on Friday, April 18, 2003 - 04:05 pm: Edit |
If we want to really be nit-picky, let's get it right. EFC stands for Expected Family Contribution. But for people who aren't happy with the figure, we can say it stands for Exceeds Funds in Checkbook. Or perhaps Extreme Financial Crisis. Or Expect Father to Choke.
| By Candyice (Candyice) on Friday, April 18, 2003 - 04:20 pm: Edit |
EFC? Only rich people can afford that! My mom broke her hip last fall, and my Dad's is the ONLY one earning the money,we can't afford a car,even though he's trying to buy a house. There is no way they can afford college. I was really counting on the FAFSA.....
| By Emeraldkity4 (Emeraldkity4) on Friday, April 18, 2003 - 04:53 pm: Edit |
I assume you are not applying for fall 2003 Candyice?
To recieve any government money you need to fill out the FAFSA.
After the governments computers review your FAFSA application, it will spit out what they figure your EFC will be.
You very well may be eligible for Pell grants, Perkins loans whatever
If you have a copy of their tax return you can go to
www.finaid.org and get a rough estimate of what your families contribution is expected to be.
When you have other bills that do not show up on the FAFSA, financial aid offices can take that into consideration with documentation. OFtentimes private schools seem to have more available money for aid than public, however private is still more expensive.( than instate public- it may be cheaper than out of state public)
Schools also do offer merit aid, as well as www.fastweb.com has free scholarship search.
Your least expensive bet may be to go to an instate school, even a community college, but I would check out the other opportunities as well
| By Eri (Eri) on Wednesday, July 16, 2003 - 12:50 pm: Edit |
lol. i did read your message, but i have to say, what interested me more was your title....very funny
hey, whaddaya expect? i needed a good laugh.
peace out, and good luck
Erika
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