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Why It Is Always Important to Reduce Your EFC

How important is it to reduce your Expected Family Contribution (EFC)? What if you already know that you or your student will be receiving a merit scholarship that will far exceed any need-based financial aid? Though it is possible that a high merit scholarship may eliminate your eligibility for any need-based financial aid, it is still very important to keep your Expected Family Contribution (EFC) as low as possible. A low EFC can be a way of protecting yourself from…

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