<p>I noticed that almost all the scholarships I'm finding say "students with financial need" My parents make over $100k a year, does this mean I don't qualify for need based scholarships? I know our EFC is like $20k a year to a $40-45k a year school, so there is a lot of money I need to make up. How do I know whether its worth the time to apply to these scholarships when almost all of them say something involving need????</p>
<p>HELP!</p>
<p>EFC=Expected Family Contribution</p>
<p>Many schools will TRY to meet the gap between your EFC & the cost of attending their schools. The schools that have a lot of money & for whom you are at or above their 75%tile may offer more grants & scholarships than others, but most schools will at least offer some loans & other means of paying the $40-45K for your schooling.</p>
<p>Another caveat is that some schools offer more generous packages to incoming freshman & then increasingly make more of the package loans for subsequent years of study.</p>
<p>You DO have need if your EFC is lower than the cost of attending the school. You have to follow the procedures for each school & scholarship to apply for aid. Good luck!</p>