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Dislocated Worker Worksheet Student Award Year Form
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People also ask
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What if my EFC is 0?
When your EFC is zero, you are eligible for almost all federal based aid programs available. This includes, Pell Grants, Federal Work-study programs, and Stafford loans. Students are generally awarded based on financial need, EFC, enrollment status, and cost of attendance.
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Which students qualify for an automatic zero EFC?
For dependent students, this means their parent(s)' Adjusted Gross Income (AGI) doesn't exceed $29,000. Independent students' (and their spouse, if married) AGI also can't exceed $29,000.
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What is a student verification worksheet?
The Verification Worksheet is a document the Financial Aid Office sends to you if you've been selected for a process called “verification.” The U.S. Department of Education selects applicants for this process when it wants us to confirm the information submitted on a FAFSA.
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What is the lowest EFC on FAFSA?
Applicants with a zero EFC will receive the maximum Federal Pell Grant. The average EFC among Federal Pell Grant recipients is about $700. Eligibility for other types of financial aid depends on financial need, which is the difference between the college's cost of attendance and the EFC.
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Is an EFC of 00000 good?
Your EFC Number Demonstrates Exceptional Financial Need – Zero EFC is the Lowest Number.
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How much will I get if my EFC is 0?
An Expected Family Contribution (EFC) of 0 simply means that one has a financial need of 100% of the total cost of attendance at that school. This student will likely qualify for a full Pell Grant and other need-based federal money.
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What is student aid award year?
School year for which financial aid is used to fund a student's education. Generally, this is the 12-month period that begins on July 1 of one year and ends on June 30 of the following year.
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What does a 0 mean on FAFSA?
Zero is the lowest possible number your EFC can be. If your family makes less than $29,000 a year, you likely fall into the automatic zero category, which means your family isn't expected to have financial resources to contribute to your education.
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