Understanding EFC The Key to College Funding Success

Expected Family Contribution (EFC) is a measure of your family's financial strength and then to determine you eligibility for financial aid. EFC = Expected Family Contribution. It's a number colleges use to figure out your #FinancialAid AND it's good to know when comparing your ... 10 EFC Tips · 1: An Expected Family Contribution is a dollar figure that represents what financial aid formulas believe a family should be able to pay for one ... The FAFSA uses a number called the expected family contribution (EFC), which is based on the financial information you provide. 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 ... A calculation based on the Free Application for Federal Student Aid (FAFSA) that allows us to determine how much need-based financial aid you are eligible ... 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 ... The Expected Family Contribution (EFC) is a number that determines a student's eligibility for federal student aid. The EFC formulas use the financial ... UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: ... The EFC is calculated using a standardized formula based on financial information reported on a financial aid application(s). Tulane uses two standardized ...