Unraveling Estimated Family Contribution A Path to College Affordability

It represents the amount of money a student's family is expected to contribute towards college expenses for one academic year. Understanding EFC ... 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 results provided by this Quick EFC calculator are only an approximation of the Federal EFC figure that was previously used to calculate federal aid. 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 ... 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 ... Under the EFC formula, up to 47% of the parents' adjusted gross income is considered available for college funding. Although the maximum ... The Expected Family Contribution (EFC) was an index number used to determine your eligibility for federal student financial aid. It has been replaced by the ... The EFC is calculated from the data submitted on financial aid forms – FAFSA and CSS Profile. Colleges use your family's EFC to determine ... Estimated Family Contribution (EFC) is now the Student Aid Index (SAI). The SAI is not an actual amount that you pay to the university. Use the EFC Calculator to calculate your Expected Family Contribution, the amount you and family are expected to contribute to your college costs, and to ...