<p>The assets will have already been taken into account when calculating the EFC. You have a certain amount of asset protection and you are probably below that. The verification will check that your information is correctly entered into FAFSA.</p>
<p>If you already have a bachelors degree from a foreign country you may find you are not eligible for the Pell grant (the main federal grant). The Pell is for first time bachelors degree undergrads only. Even if the credits don’t transfer for your program the feds consider you to already have a bachelors. There was a student posting a few weeks back who had a degree from some US college that no other college would take the credits for and he could not get the Pell.</p>
<p>Having a 0 EFC does not mean you will get a full ride unless you are going to a school that promises to meet full need. Those are usually the very selective schools like Harvard. Most state schools do not promise to meet full need. The 0 EFC is just a # to determine what sort of federal aid, including loans, you may be eligible for.</p>