Maximizing College Savings The Ultimate Guide to EFC

The Student Aid Index (SAI) is an eligibility index number that your college's or career school's financial aid office uses to determine how much federal ... Your EFC is the total you and your family can reasonably afford to contribute to your college costs, per the U.S. government's determination. Financial aid for college is calculated using your Student Aid Index, year in school, enrollment status, and cost of attendance at the school. EFC or Expected Family Contribution is the amount of money that a college estimates that your family can afford. This is calculated as part of ... Colleges use your estimated expected family contribution to determine your family's financial need. They subtract your EFC from the cost of ... Results About 30% of the sample reported that childcare interfered with school somewhat/moderately/a lot in the last year. Compared to those with no/little ... The completed FAFSA furnishes all the information needed to calculate the Estimated Family. Contribution (EFC) for dependent and independent students. The Expected Family Contribution (EFC) is a measure of your family's financial strength and is calculated according to a formula established by Congress. 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 ... Estimated Financial Aid Package. Estimated Scholarship. Your Cost. Your Cost ... contribution or other expected family resource. For example, if you were ...