<p>Hi, I was just wondering, what would be an low , medium, and high EFC number. Is lower the better or higher the better? Thanks guys!!</p>
<p>High is best if your family can afford it. Most with low EFCs have very little choice in colleges. Few colleges meet need and those that do are almost all colleges requiring very high stats.</p>
<p>woah that is so confusing. sorry could you ellaborate? I dont get it sorry
cause it sounds like either way your dead sorta thing lol</p>
<p>The EFC is what the federal aid formula says you and your parents should be able to afford to pay each year toward college costs, and based on that number what sort of federal aid --if any-- you are eligible for.</p>
<p>So, in a way lower might be better if you want maximum aid (not that this is likely to be enough), or higher might be better because it suggests you and your family can afford to pay for college.</p>
<p>Of course it’s not that simple, but this is the kind of question you’re asking.</p>
<p>(*Note that just because your EFC might be $xxxx does not mean that’s all you’ll have to pay. Think of it as a minimum of what you’ll have to pay. Most people pay more, some pay way more. Loans are typical.)</p>
<p>*Hi, I was just wondering, what would be an low , medium, and high EFC number. Is lower the better or higher the better? Thanks guys!! *</p>
<p>Since you want a better explanation, it would help if you tell us what kind of schools you’re applying to, what your EFC is, and how much can your parents pay for your education.</p>
<p>If your EFC is lowish (say $6k), and your parents can’t pay it, and you’re going to a state public with a COA of $22k, you could have a problem getting the money to pay for your education.</p>
<p>However, if your EFC is medium (say $12k), and your parents CAN pay it, and you’re going to a well-funded pricey private that meets need without loans, then you’ll have all the money you need for college.</p>
<p>The above examples give you an idea that your question cannot be easily answered without the facts. :)</p>