Unraveling Expected Family Contribution A Guide to Financial Empowerment

Once you have completed the FAFSA, you get your Student Aid Index (formerly Expected Family Contribution) number. This number plays a ... UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: ... In this video, we're going to take a look at what is an EFC and what it means for you as a student. We'll explore the different types of EFCs and what they. Understanding how to pay for college is complicated. How do you know if you could quality for financial aid or have "financial need"? 4 The hidden financial need revealed by negative EFC partially explains why so many of those students—even with the support of financial aid programs—continue. Expected family contribution is an index that determines how much financial aid you are eligible for. It's important to understand what it is and how it ... What Is the Expected Family Contribution (EFC)? ... The Expected Family Contribution, or EFC, is a number that's used to help determine your ... Expected Family Contribution · This calculation provides an amount the government has determined that your family can afford to pay toward your college expenses ... 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 ... FAFSA's Expected Family Contribution Is Going Away. Good Riddance. The dollar figure that the federal financial aid form spits out has long left ...