Expected family contribution Parent Direct Plus Loan?

Answer The EFC is NOT the amount you are going to pay your school to go to college. The EFC is just a code each school uses to determine what kinds and how much in grants (and in your case) loans you wil... Read More »

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An EFC (Expected Family Contribution) question.?

With an EFC of 2156 you would qualify for a Pell grant (free money) in the amount of $2,581 (half in the fall - $1290.50 and another 1290.50 in the spring) if you attend full time and meet about a ... Read More »

My Expected Family Contribution (EFC) = 667. What does that mean About how much money will i get?

The lower your EFC equals the more money you will get. NO ONE HERE can tell you what you will get (and if they do, they are pulling numbers out their butts). Only your schools financial aid office ... Read More »

Is there a stafford or parent PLUS loan formula or equation?

This is from the disclosure information you should have received (or saved/printed) when you did your Stafford loan application: sorry for the poor formatting.The chart below shows the difference ... Read More »

PARENT (PLUS) LOAN QUESTION: if we decided not to sign these loans could my child still get gov't loans?

If you decide not to take out PLUS loans then she can still get the federal Stafford loan. (And even if you DO decide to take out PLUS loans she can take out a federal Stafford loan). Her interes... Read More »