Navigating the EFC Maze A Guide for College-Bound Families

The Expected Family Contribution (EFC) consists of two parts: a calculated parent contribution and a fixed student contribution. 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 ... Under the EFC formula, up to 47% of the parents' adjusted gross income is considered available for college funding. Although the maximum ... Expected Family Contribution ... All college students are expected to contribute towards their education costs. How much you and your family will be expected to ... THE EXPECTED FAMILY CONTRIBUTION (EFC) UPDATES FOR THE 2021-2022 SCHOOL YEAR · Income Protection Allowance (Student & Parents) · Adjusted Net ... EFC = Expected Family Contribution. It's a number colleges use to figure out your #FinancialAid AND it's good to know when comparing your ... Your Expected Family Contribution is calculated based on your FAFSA information and is used by financial aid offices to determine how much federal financial ... Here are 5 FAFSA Tips that will reduce your expected family contribution (EFC) And help you get more financial aid! The EFC is a measure of how much the student and his or her family can be expected to contribute to the cost of the student's education for ... Expected Family Income (EFC) is a term used in the Free Application for Federal Student Aid (FAFSA), and simply is a calculation (based on “taxed and untaxed ...