My sons EFC is 005794. What does that mean?
It means that your son does not qualify for a Pell Grant. It means that the minimum you will be expected to spend on college is in the $5700 range for the upcoming year.
That means for Federal purposed you won’t get a Pell grant.
Very few, if any colleges will expect 5.794 as your Family contribution. But some FAFSA only colleges that meet full need might. To find out what any college will give your family, run the Net Price Calculator on the college website…
Basically it means that if college Costs are 32,000 you are expected to pay 5,794. They rest may come from the college, outside scholarships, or loans.