When a student is applicable for financial aid utilising the 100 % free App to own Government Student Support (FAFSA), the usa Agencies out of Degree rates just how much brand new student and you will their unique friends can afford to spend for the latest next season out-of education. The newest student’s college or university next subtracts which requested household members share (EFC) throughout the school’s cost of attendance (COA). Continue reading How does a private mortgage change from a federal mortgage? →