<p>If my EFC is $0, does that mean I willl be offered enough aid and loans to pay the total cost of tuition?</p>
<p>Unfortunately, not always. And, if you’ll be living on campus, your question needs to be “Will I be offered enough to pay the full cost of attendance?” (tuition, fees, room, board, books, etc) :)</p>
<p>An EFC of 0 can be a blessing and a curse.</p>
<p>If you get accepted to an elite school that meets full need w/ small or no loans then great!</p>
<p>However, most schools can’t meet need, so at many schools you’d get your fed grants and fed loans, but then you’d have a big gap.</p>
<p>The problem I see at some schools is this. If you have an EFC of 0, that suggests a lowish income. Therefore, if the cost of the school is more than the fed grants and the fed loans, then you’ll need your parents to co-sign loans. That could be a problem if they won’t do that or can’t qualify if their income is too low. Also, it’s not a good idea to borrow much for undergrad anyway.</p>
<p>If your stats are high enough, it might be a good idea to apply to schools that meet need without loans (or small loans) and apply to schools that give good merit.</p>
<p>What are your stats and what schools are you considering?</p>