<li>That means my, “Expected Family Contribuition is $5,118, Correct?”</li>
</ol>
<p>Meaning, that’s how much me and my family will have to pay? Right?</p>
<p>I’m attending a Technical School, and the tuition yearly is $16, 675. So my financial need would be around $11,647.</p>
<p>Now, Financial Aid wouldn’t be able to provide me with that much money, would they?</p>
<p>I work for UPS and they pay $3,000 a year, which helps, and my parents have just filed bankruptcy and they have bad credit(Student Loan People), and I would get an extra 4k + 3,500= 7,500 loan from the goverment.</p>
<p>That covers alot right there, about $10,500 worth. I’m just wondering how much I would get from Financial Aid, with the EFC of 5118 I have been given, if anybody could give me an estimate that would be great. </p>
<p>Another question, if it so happens I don’t have enough, what banks/lenders could give me a loan without a co-signer?</p>
<p>"5118. That means my, "Expected Family Contribuition is $5,118, Correct?""</p>
<p>Correct.</p>
<p>"Meaning, that's how much me and my family will have to pay? Right?"</p>
<p>No, probably not. The EFC is a starting point-- most colleges "gap" and don't meet the difference between the EFC and the full cost of attendance. Conversely, you may be especially frugal, and not spend the anticipated book or miscellaneous expenses, resulting in fewer college expenses than were calculated into the Cost of Attendance (and thereby reducing your actual family contribution).</p>
<p>"I'm attending a Technical School, and the tuition yearly is $16, 675. So my financial need would be around $11,647."</p>
<p>Maybe-- but usually the cost of attendance is more than just tuition. Books, transportation, (and housing if you're living away from home) increase the COA significantly. Most schools have an estimated COA for those living on and off campus-- use those numbers when estimating the need, not just tuition.</p>
<p>"Now, Financial Aid wouldn't be able to provide me with that much money, would they?"</p>
<p>There is no "Financial Aid" that disburses money. The need-based aid is a combination of Federal, State, and College resources that are combined to meet most (usually) of the difference between the COA and the EFC. So your aid would depend largely on the policies of the trade school you're attending, and whether you qualify for state or federal aid as well.</p>