<p>i received a efc of 50
what does that mean?
sorry if that sounded dumb
i am new at all of this</p>
<p>It means that your EXPECTED FAMILY CONTRIBUTION is $50.</p>
<p>Your family is expected to pay 50 dollars towards your education.</p>
<p>If your COST OF ATTENDANCE is 20,000/year
Your financial need would be 20,000 - EFC = 19,950</p>
<p>So you would be in need of financial aid of 19950</p>