Understanding EFC A Critical Factor in Financial Aid Eligibility

Federal EFC is calculated using a family's income, assets, and benefits, as well as family size and number of family members in college. The Expected Family Contribution (EFC) is comprised of two components: a parent contribution and a student contribution. After various allowances (i.e. ... Perhaps the most important one to know is EFC, otherwise known as Expected Family Contribution. Your EFC is a monetary number that is ... The completed FAFSA furnishes all the information needed to calculate the Estimated Family. Contribution (EFC) for dependent and independent students. Colleges use your Expected Family Contribution (EFC) from the FAFSA to determine financial aid offers. Here are some ways that you can ... The Expected Family Contribution (EFC) consists of two parts: a calculated parent contribution and a fixed student contribution. calculate the Expected Family Contribution (EFC) for dependent and independent students. An EFC is calculated when the FAFSA is valid (i.e. not in a rejected. Expected Family Contribution. There are a few differences between SAI and EFC, such as elimination of the number of family members in college ... Your EFC is a measure of your family's financial strength and is calculated according to a formula established by law. The EFC is used to determine the amount ... 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 ...