Mastering the Expected Family Contribution for College Planning

Demonstrated Financial Need · Cost of Attendance: · Estimated Family Contribution (EFC) & the Student Aid Index (SAI): · Net Price Calculator · The Financial Aid ... Expected Family Contribution (EFC) is an index used by the financial aid office at Southern Utah University to determine how much aid you ... It represents the amount of money a student's family is expected to contribute towards college expenses for one academic year. Understanding EFC ... 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. Expected Family Contribution (EFC). The EFC represents the parent and student contribution to educational expenses. EFC Parent Contribution · Start with your taxable income · Add non-taxable income (such as received child support and 401(k) contributions) ... Corrections to the information you submitted on the FAFSA can result in a change to the Expected Family Contribution (EFC). There are many reasons an EFC ... 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 ... The FAFSA uses a number called the expected family contribution (EFC), which is based on the financial information you provide. Any new, entering high-need student whose Expected Family Contribution (as determined by Smith) is less than $7,000 will be eligible. How many students will ...