What are College Grants?

Two kids asking what are college financial aid grants?

What does it mean? College grants are a type of financial aid you do not have to repay. In simple terms, it’s free money to spend on college. They fall under the category of “gift aid.” How does it affect how much you pay for college? Obviously, the more grants you have, the less money… Continue reading

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Explainer: What Does EFC Mean? Expected Family Contribution

What does EFC mean

What does it mean? EFC stands for Expected Family Contribution. When students submit their FAFSA (Free Application for Federal Student Aid) or PROFILE financial aid forms, the information is used to calculate their EFC. The EFC is the amount of money that the family is expected to be able to pay for college. Colleges use… Continue reading

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