Gap/Gapping
Gapping occurs when the financial aid package offered by an individual college does not satisfy all of the
demonstrated financial need of a student. In turn, this creates a “gap” of money that could possibly be added to a student’s
EFC.
For example:
Cost of Attendance: | $20,000 |
Minus EFC: | $4,000 |
Minus Financial Aid Award: | $11,000 |
Gap = | $5,000 |
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