Empower Yourself with Expected Family Contribution Knowledge

In this first of this three article series on EFC, I will explain to you how EFC is calculated, what it means, and how schools use the EFC in determining how ... Estimated Family Contribution (EFC) is now the Student Aid Index (SAI). The SAI is not an actual amount that you pay to the university. 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 ... developed by Congress to determine your EFC. The EFC is a number which is a measure of your financial strength and used to determine your federal student ... Your expected family contribution (EFC) is the amount your family will be expected to contribute toward your college costs at WashU. 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 ... EFC is a number calculated with the information you provide on the FAFSA to help determine your need for certain types of financial assistance. Your EFC is the total you and your family can reasonably afford to contribute to your college costs, per the U.S. government's determination. FAFSA EFC simply stands for Expected Family Contribution. Let's go through a quick process of how you get around to figuring out or receiving your EFC amount. It represents the amount of money a student's family is expected to contribute towards college expenses for one academic year. Understanding EFC ...