Antone Bual: Even qualifying for the max with financial aid (grants) the funds will be dispersed over the course of a financial aid fiscal year. What they will do is add up your costs, tuition, housing, fees (not books) and break that down into quarters or semesters (depending on how your school runs). They will then take your aid and split that up the same way. You may or may not have a BOC (balance of costs) to cover either with cash payments or Stafford and/or Parent Loans.So, to answer your questions, grants will cover housing but it's unlikely to cover all of your costs. ...Show more
Lucrecia Laurito: If it helps, my EFC is $0.
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