Maximizing College Savings The Essential Guide to EFC

The Expected Family Contribution (EFC) is a number that determines a student's eligibility for federal student aid. The EFC formulas use the financial ... The EFC is calculated from the data submitted on financial aid forms – FAFSA and CSS Profile. Colleges use your family's EFC to determine ... The student's need is calculated by subtracting the EFC from the school's cost of attendance. The Expected Family Contribution is calculated using a combination ... EFC stands for Expected Family Contribution. Get key information about how your EFC affects your financial aid and student loans. The federal EFC that a family receives from submitting the Free Application for Federal Student Aid – commonly known as the FAFSA – is only for grants and ... Federal EFC is calculated using a family's income, assets, and benefits, as well as family size and number of family members in college. What Is the Expected Family Contribution (EFC)? ... The Expected Family Contribution, or EFC, is a number that's used to help determine your ... The Expected Family Contribution (EFC) is a calculation used by colleges and universities to assess a student's financial need and determine ... 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 ... THE EXPECTED FAMILY CONTRIBUTION (EFC) UPDATES FOR THE 2021-2022 SCHOOL YEAR · Income Protection Allowance (Student & Parents) · Adjusted Net ...