How MUCH Financial Aid Can I Get? Q: How much financial aid am I eligible to receive? A: Your eligibility for aid depends on your Expected Family Contribution (EFC), your year in school, your enrollment status, and the cost of attendance at the school you will be attending. All of this information will be determined when you complete your FAFSA (Free Application for Federal Student Aid) at www.fafsa.ed.gov. This is a free form that schools use to determine how much federal financial aid you are eligible to receive. The financial aid award offered by your school may contain a mixture of free aid, such as grants, work study, and scholarships, and aid that must be repaid, like student loans. For more information on eligibility, visit the financial aid office at your school or look at Funding Education Beyond High School: The Guide to Federal Student Aid at this web site: http://studentaid.ed.gov/students/publications/student_guide/index.html Which Student Loan Is Best?