Empowering Students with Expected Family Contribution Knowledge

Based on the newly signed law – the Consolidated Appropriations Act of 2021 – the EFC will be replaced with a “student aid index” or SAI. In ... EFC stands for Expected Family Contribution. It is a figure determined by the information you provide on the FAFSA, which takes into account you and your ... The U.S. Department of Education calculates Expected Family Contribution (EFC) to determine federal financial aid eligibility. To find your estimated EFC, ... Understanding how to pay for college is complicated. How do you know if you could quality for financial aid or have "financial need"? Results About 30% of the sample reported that childcare interfered with school somewhat/moderately/a lot in the last year. Compared to those with no/little ... An expected family contribution (EFC) is an estimate of a student's, and for a dependent student, their parent(s)' or guardian(s)', ability to pay the costs of ... The FAFSA uses a number called the expected family contribution (EFC), which is based on the financial information you provide. The Expected Family Contribution (EFC) is a measure of your family's financial strength and is calculated according to a formula established by Congress. 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 ... The Expected Family Contribution (EFC) is an assessment of a family's financial strength (based on financial data taken at a snapshot in time) to absorb ...