Estimated Family Contribution The Key to College Affordability for Families

Your FAFSA is used to determine your EFC or your Expected Family Contribution. Colleges use the EFC to figure out how much need-based financial aid you would ... The EFC is used to determine the student's level of demonstrated need and overall eligibility for aid; this will appear on your offer letter from the University ... Expected Family Contribution (EFC). The EFC represents the parent and student contribution to educational expenses. Your EFC determines the amount of federal financial aid you can receive and the institutional financial aid colleges award. Expected Family Contribution (EFC) is a measure of your family's financial strength and then to determine you eligibility for financial aid. The results provided by this Quick EFC calculator are only an approximation of the Federal EFC figure that was previously used to calculate federal aid. The SAI is used by the school you attend (or plan to attend) to determine your need. The school will take the total cost of attendance, subtract ... This demonstrates how much of a family's or individual's financial resources can realistically be directed towards educational costs. The EFC is figured on the ... An Expected Family Contribution index number is produced. This number establishes how much student financial aid you are eligible to receive. The Expected Family Contribution (EFC) is a measure of your family's financial strength and is calculated according to a formula established by law.