EFC in Focus A Detailed Analysis of Expected Family Contribution

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. The Student Aid Index (SAI) is essentially a new name for the Expected Family Contribution (EFC). It is used along with the Cost of Attendance (COA) and Other ... 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 federal EFC that a family receives from submitting the Free Application for Federal Student Aid – commonly known as the FAFSA – is only for grants and ... 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 ... What Is the Expected Family Contribution (EFC)? ... The Expected Family Contribution, or EFC, is a number that's used to help determine your ... The completed FAFSA furnishes all the information needed to calculate the Estimated Family. Contribution (EFC) for dependent and independent students. 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 ... Expected family contribution or "EFC" means the amount a student and the student's family is expected to contribute toward the cost of college attendance. The ... The Expected Family Contribution (EFC) is comprised of two components: a parent contribution and a student contribution. After various allowances (i.e. ...