Decoding the EFC Maze A Guide to College Funding for Families

EFC = Expected Family Contribution. It's a number colleges use to figure out your #FinancialAid AND it's good to know when comparing your ... This is determine based on answers provided on the Free Application for Federal Student Aid (FAFSA). If you believe your EFC is incorrect, you ... SAI is the number calculated, with information from the FAFSA, to determine a student's eligibility for college financial aid. Your EFC is a number that establishes whether you qualify for specific types of federal student aid. The information you fill out on your FAFSA ... Low-income families can have an EFC as low as $0. That's the automatic EFC of families making an adjusted gross income of less than $24,000. An EFC of $0 means ... It's a number that your college uses to figure out how much financial aid you're qualified for. Your EFC, or expected family contribution, is the amount the ... The Expected Family Contribution (EFC) is comprised of two components: a parent contribution and a student contribution. After various allowances (i.e. ... The U.S. Department of Education calculates Expected Family Contribution (EFC) to determine federal financial aid eligibility. To find your estimated EFC ... The Expected Family Contribution (EFC) is a measure of your family's financial strength and is calculated according to a formula established by Congress. If your EFC is greater than the cost of attendance, there's a very slim chance you will receive any financial aid. The only option for you, then, would be to ...