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The EFC, or Expected Family Contribution is the amount you and your family is expected to contribute towards college education..]..]Good news!You now have the choice of making payments while your child is in school or deferring payments until after graduation. Financial aid is first-come, first-served so get your paperwork in early...All Federal loans require the FAFSA to be filled out – this includes PLUS, Grad PLUS, Stafford and Perkins loans...If you choose to pay after graduation, interest will accrue from the time of full disbursement..If only all loans were like this! [. If you pay the loan in full you will not be responsible for any future interest, and you will not be charged with any penalties. If you ‘re waiting on [.]With colleges heading back this week, you should have your financial aid already lined up, but it’s the perfect time to start planning for next year...&Acir
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