Financial Aid Made Clear Demystifying Estimated Family Contribution

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 ... Expected Family Contribution (EFC) is an index number used to determine your eligibility for federal student financial aid. Your aid is determined by comparing your Expected Family Contribution with Expected Family Contribution (EFC)/Student Aid Index (SAI) and Emory's estimated Cost ... The Expected Family Contribution is not the amount that will appear on a Yale term bill. Rather, it is an estimate of the total Net Cost a family will pay to ... 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 ... 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 overall average EFC is about $10,000, with an average of about $6,000 for students at community colleges and $14,000 at 4-year colleges. 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 ... Federal EFC is calculated using a family's income, assets, and benefits, as well as family size and number of family members in college. EFC = Expected Family Contribution. It's a number colleges use to figure out your #FinancialAid AND it's good to know when comparing your ...