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College and University Discussion
Reply to "EFC and merit aid"
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[quote=Anonymous][quote=Anonymous]Let’s say, hypothetically, that I run the net price calculator for Faber College (tuition: $55k, room, board, etc.: $15k) and it comes back with an EFC of $35k. Now suppose I somehow get a merit scholarship for $10k/year. Would my total cost of attendance be $25k/year? Or is the merit already factored into the EFC?[/quote] Not already factored in. [/quote]
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