Fed Financial - Student Financial Aid Application (FAFSA) Expected Family Contribution=$0...Will I get money for school?

Student Financial Aid Application (FAFSA) Expected Family Contribution=$0...Will I get money for school?

Just curious if anyone knows about what I will get. Tuition is $2,300 per semester at state school. I just had to report my income because of my age (23). I didn't get to work much last year because of school (overloaded). This is my last semester of college (Fall '06). I have always got a small PELL grant and been offered loans. The reason I am asking is because this is the first year that I haven't had to include my mom's income on the FAFSA because I am now 23 and they consider that to be INDEPENDENT. ***REPEAT*** I am a senior, not a freshman. I have done this before and i just want to know how it works when your EFC is 0. Thank you all for your in-depth answers, but I know what PELL grants, Stafford Loans, and Perkins Loans are. I guess I should have been more specific in my question and details to begin with. Thanks for the answers!

Public Comments

If your family EFC is zero you should definitely get some sort of aid. You will probably get a pell grant and can probably qualify for perkins loans. This is dependent on the availability of funds but most likely you will qualify for a lot of aid.
You should qualify for aid, most likely you will get a package from your schools financial aid office in which they will set you up with grants and loans and possible work study. You didn't say if you will need assistance with room and board or if you will be living at home. If you are in good standing with the college you should get aid. If you are on academic probation you may of lost aid. You will have a letter from them stating this.The best thing is to contact your school's financial aid office at least 1 week before classes start.
Yes! 0 is the best figure out could see in that field. (Mine usually said 14,000... haha)
Theoretically, if your EFC is $0 then you should get $2300 in financial aid. You will most likely get the full amount for the pell grant, which is $4050 per year($2025 per semester). The remaining $550 they should fill with either a school grant or scholarships or federal loans. I hope this helps!