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  2. Expected family contribution - Wikipedia

    en.wikipedia.org/wiki/Expected_Family_Contribution

    Colleges or universities have the legal authority to lower the EFC if there are unusual circumstances, usually brought to the financial aid office's attention as the result of an appeal of a financial aid award. These circumstances include: [citation needed] Loss of employment; Loss of child support, alimony, etc. Separation or divorce

  3. I'm a single mom with 2 kids in college. My divorce ...

    www.aol.com/im-single-mom-2-kids-124402276.html

    With little to no financial assistance from my parents during college, I struggled to balance academics with earning the money I needed to support myself. I had to sell plasma, do work-study, and ...

  4. 7 financial mistakes to avoid when splitting assets during a ...

    www.aol.com/finance/7-financial-mistakes-avoid...

    Divorce is a major personal and financial event for most people. ... as this can have an impact on the amount of financial aid the kids may be eligible for when the time comes for college ...

  5. FAFSA - Wikipedia

    en.wikipedia.org/wiki/FAFSA

    Students can file an appeal with their college financial aid office in order to seek additional financial aid if their current financial situation is no longer the same as the financial information they provided on FAFSA (i.e. their parent recently lost their job). The exact appeal process can vary from school to school.

  6. Scholarships in the United States - Wikipedia

    en.wikipedia.org/wiki/Scholarships_in_the_United...

    In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.

  7. The new FAFSA: What you need to know to get financial aid for ...

    www.aol.com/fafsa-know-financial-aid-college...

    There’s one form prospective and current college students must submit in order to receive federal financial aid, and it looks a lot different than in prior years.

  8. How to Decipher Your College Financial Aid Letter

    www.aol.com/news/2013-04-18-how-to-decipher-your...

    Depending on your family's financial situation, this could make paying for college a bit easier to deal with. Scholarships and Grants (aka Gift Aid): This is money that you don't have to pay back ...

  9. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    If the EFC is less than the cost of attending a college, the student has a financial need (as the term is used in the U.S. financial aid system). Students can file an appeal with their college financial aid office to seek additional financial aid, though the information about the process is not always clear or available online.

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