Mastering Estimated Family Contribution Maximizing Your Financial Aid

Parental ContributionThe EFC measures your family's financial strength on the basis of the family's income and assets.The EFC formula takes into account ... 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 ... It represents the amount of money a family can reasonably be expected to contribute towards college expenses. After completing the FAFSA, a student will receive ... Financial aid for college is calculated using your Student Aid Index, year in school, enrollment status, and cost of attendance at the school. Your expected family contribution (EFC) is the amount your family will be expected to contribute toward your college costs at WashU. The U.S. Department of Education calculates Expected Family Contribution (EFC) to determine federal financial aid eligibility. To find your estimated EFC ... First, you'll need to figure out your expected family contribution (EFC). Your EFC is based on a formula made by the US Department of Education. The Expected Family Contribution (EFC) is a measure of your family's financial strength and is calculated according to a formula established by law. The EFC is a measure of how much the student and his or her family can be expected to contribute to the cost of the student's education for ... Expected family contribution is an index that determines how much financial aid you are eligible for. It's important to understand what it is and how it ...