Navigating the Expected Family Contribution Maze A Step-by-Step Approach

The EFC is calculated from the data submitted on financial aid forms – FAFSA and CSS Profile. Colleges use your family's EFC to determine ... The Expected Family Contribution (EFC) is a calculation used by colleges and universities to assess a student's financial need and determine ... Here's all the key things you need to know about EFC, how it works, and how it may affect your college costs. The Expected Family Contribution (EFC) is a measure to determine a student's eligibility for institutional aid. There are two types of calculations that ... Generally speaking, families want a lower EFC since that means they can qualify for more financial aid and potentially pay less out-of-pocket for higher ... 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 ... Amount a family can be expected to contribute toward a student's college expenses, determined based on your answers on the FAFSA. Federal EFC is calculated using a family's income, assets, and benefits, as well as family size and number of family members in college. 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 still being used to determine how much need-based financial aid a student is eligible for, replacing the Expected Family ...