<p>I used the efc calculater on collegeboard.com and checked my answers twice. I seems that my efc is only 500 dollars.</p>
<p>The calc may be correct but please recall that it does not immediately cause the rain of dollars upon you.</p>
<p>what do you mean?</p>
<p>I had a "0" fafsa EFC and a 1200 EFC at a private university - it all depends on what school you're going to and how they choose to calculate your need.</p>
<p>You will receive a financial aid package from each school you apply to and they can if they feel so inclined offer you a package of loans....that in my mind is not $$$$.</p>
<p>Yea a 20k/year loan but no family contribution is still pretty bad...</p>
<p>what top schools are really generous with finacial aid. aka one that limits loans.</p>
<p>if youre family makes less than 30,000 / yr, Rice University will not give you loans - instead, they will replace them with grants</p>
<p>No matter how much money you make, as long as you qualify for need-based financial aid, Princeton will give you the money in grants, absolutely NO LOANS.</p>
<p>thanks. but I don't really think I have a chance at princeton. I decent ACT scores, but princeton doesn't like those.</p>
<p>Usually private schools will give you less loans than public ones...and it's always a good idea to apply for scholarships, as they reduce your loans.</p>
<p>Heh... i'm going to toot Williams and Amhersts' horns. I had a efc of 400 or so bucks... i think. (under 20k income) and anyways, they gave no loans, just grant $$ and work study.</p>