Demystifying Expected Family Contribution A Blueprint for College Affordability

Expected Family Contribution (EFC) is an index number used to determine your eligibility for federal student financial aid. Your EFC determines the amount of federal financial aid you can receive and the institutional financial aid colleges award. Expected Family Contribution ... All college students are expected to contribute towards their education costs. How much you and your family will be expected to ... 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 ... Student Aid Index (SAI) has replaced the Expected Family Contribution (EFC) starting in the 2024-25 award year. The Student Aid Index (SAI) is the ... Your Expected Family Contribution is calculated based on your FAFSA information and is used by financial aid offices to determine how much federal financial ... Expected Family Income (EFC) is a term used in the Free Application for Federal Student Aid (FAFSA), and simply is a calculation (based on “taxed and untaxed ... Understanding how to pay for college is complicated. How do you know if you could quality for financial aid or have "financial need"? EFC Parent Contribution · Start with your taxable income · Add non-taxable income (such as received child support and 401(k) contributions) ... Your Expected Family Contribution, or EFC, is the amount of money you and/or your family are expected to pay for your college education per year.