Can someone please explain EFC

<p>Lets say, for instance that my estimated EFC is 25000, and the college I got accepted into costs (in total) $30,000, will I have to pay $5000 or $25000?</p>

<p>If the college meets full need you would get $5,000 in aid. However, most colleges do not meet full need and it is common to get $5,000 in work study and/or loans instead of grants.</p>

<p>Thank you so much for clearing that up!</p>

<p>That's also assuming that the college agrees with the EFC your calculations have come up with. Colleges that require the FAFSA only use the FAFSA EFC. Schools that require the CSS Profile or other additional forms calculate a different EFC for institutional, non-federal funds.</p>