EFC Essentials A Beginner's Guide to Expected Family Contribution

UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: ... Your expected family contribution (EFC) is the amount your family will be expected to contribute toward your college costs at WashU. Federal EFC is calculated using a family's income, assets, and benefits, as well as family size and number of family members in college. 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 Student Aid Index (SAI) is still being used to determine how much need-based financial aid a student is eligible for, replacing the Expected Family ... Expected Family Contribution (EFC) is a measure of your family's financial strength and then to determine you eligibility for financial aid. Colleges use your Expected Family Contribution (EFC) from the FAFSA to determine financial aid offers. Here are some ways that you can ... Expected Family Contribution · This calculation provides an amount the government has determined that your family can afford to pay toward your college expenses ... The overall average EFC is about $10,000, with an average of about $6,000 for students at community colleges and $14,000 at 4-year colleges. The Financial Aid Quiz provides an estimated range of your Student Aid Index (SAI), which helps determine how much federal financial aid you may qualify for by ...