Demystifying Expected Family Contribution A Parent's Guide

First, you'll need to figure out your expected family contribution (EFC). Your EFC is based on a formula made by the US Department of Education. The total amount a family is asked to contribute toward a student's Yale education. It is used to cover both billed expenses and unbilled expenses. The EFC ... 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 ... An Expected Family Contribution index number is produced. This number establishes how much student financial aid you are eligible to receive. Colleges use your Expected Family Contribution (EFC) from the FAFSA to determine financial aid offers. Here are some ways that you can ... Once you have completed the FAFSA, you get your Student Aid Index (formerly Expected Family Contribution) number. This number plays a ... The FAFSA uses a number called the expected family contribution (EFC), which is based on the financial information you provide. Your EFC is a number that establishes whether you qualify for specific types of federal student aid. The information you fill out on your FAFSA ... Expected Family Contribution (EFC) is an index number used to determine your eligibility for federal student financial aid. Financial aid for college is calculated using your Student Aid Index, year in school, enrollment status, and cost of attendance at the school.