How much can I expect to receive

Paying for College
1

<p>How much can I expect FAFSA to give me if my parents' combined income is around $40,000? Thanks!</p>

2

<p>FAFSA doesn’t give you anything. It’s an application to determine EFC and to determine eligibility for federal aid. However, EFC is not the minimum a family has to pay.</p>

<p>Most schools cannot meet need, so even if your EFC is - say - 1000, a school that costs $22k to attend may give you an FA package that only covers half of the costs.</p>

<p>Use this to find out likely EFC</p>

<p>FA Calc
<a href=“http://www.finaid.org/calculators/finaidestimate.phtml[/url]”>http://www.finaid.org/calculators/finaidestimate.phtml&lt;/a&gt;&lt;/p&gt;

3

<p>Alright, thank you very much. Very helpful link, thanks!</p>

4

<p>My family has a similar income and my EFC was 0. However, financial aid is mainly based on what the school feels they should give you; some schools even have their own financial aid calculator.</p>