<p>I got my EFC. Is that the end of Fafsa?</p>
<p>That's what i have belived so far, just asking once more</p>
<p>Also, College that I planning to attend right now is about 35k an year</p>
<p>I got myself 15k scholarship, and my EFC is 07403</p>
<p>Does EFC tell me how much money I'll get?</p>
<p>Some schools have a link through their financial aid website where you can see the status of your application or any other related information. Also, your school may send you a letter through the mail with more information.</p>
<p>The best thing to do to be sure is to contact your school's financial aid office directly. Just email them with your stats and specific questions. You're not the only one with this issue.</p>
<p>1) If you did your FAFSA with estimated numbers, then you need to correct it once your 2008 taxes are final. If you used your actual tax numbers, then yes, that's it for FAFSA.</p>
<p>2) No, EFC does not tell you how much money you'll get. It tells you what federal money you are eligible for. The colleges make their own determination of what your need is, and even if their determination agrees with FAFSA, only a few top schools promise to meet 100% of that need. Most schools "gap" - you get less than your need, and your famifly figures out how to pay the EFC plus the amount gapped.</p>
<p>You'll get $15K in scholarships and the rest in loans or work study. With an EFC of $7K you are expected to pay (or your parents are expected to pay $7K a year towards college.</p>
<p>^^That's only if the school meets 100% of need as defined by FAFSA. Even those that meet 100% of need recalculate need based on their own forms or on CSS Profile. Most students don't get aid that leaves only their FAFSA EFC.</p>