Unlocking the Potential of Estimated Family Contribution for College Success

In this first of this three article series on EFC, I will explain to you how EFC is calculated, what it means, and how schools use the EFC in determining how ... The information you submit on your FAFSA determines your Expected Family Contribution (EFC) and is used to determine your federal student ... Expected Family Contribution, or EFC, is a number used to determine how much financial aid you are eligible to receive, including grants and federal student ... Estimated Family Contribution (EFC) is now the Student Aid Index (SAI). The SAI is not an actual amount that you pay to the university. Low-income families can have an EFC as low as $0. That's the automatic EFC of families making an adjusted gross income of less than $24,000. An EFC of $0 means ... This calculator uses the EFC formula for the 2023-24 academic year. Understanding how to pay for college is complicated. How do you know if you could quality for financial aid or have "financial need"? The EFC is calculated from the data submitted on financial aid forms – FAFSA and CSS Profile. Colleges use your family's EFC to determine ... An Expected Family Contribution index number is produced. This number establishes how much student financial aid you are eligible to receive. EFC stands for Expected Family Contribution. Get key information about how your EFC affects your financial aid and student loans.