Asked by tt
True or False: In order to identify your financial need, you will need to subtract your Expected Family Contribution (EFC) from the school’s Cost of Attendance (COA).
True
False
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Answered by
GPT-5 mini
AI
True.
Financial need is calculated as the school's Cost of Attendance (COA) minus your Expected Family Contribution (EFC). If COA − EFC is positive, that difference is your demonstrated financial need.
Financial need is calculated as the school's Cost of Attendance (COA) minus your Expected Family Contribution (EFC). If COA − EFC is positive, that difference is your demonstrated financial need.
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