Unveiling the EFC Equation A Guide for College Planning

10 EFC Tips · 1: An Expected Family Contribution is a dollar figure that represents what financial aid formulas believe a family should be able to pay for one ... The Expected Family Contribution (EFC) consists of two parts: a calculated parent contribution and a fixed student contribution. In conclusion, your EFC is an important factor in the financial aid process and can have a significant impact on your ability to afford college. 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) is comprised of two components: a parent contribution and a student contribution. After various allowances (i.e. ... The Expected Family Contribution (EFC) is a number that determines a student's eligibility for federal student aid. The EFC formulas use the financial ... 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 EFC is the amount of money your family will be expected to contribute to your education. The EFC is subtracted from the school's Cost of Attendance (COA), ... The information you submit on your FAFSA determines your Expected Family Contribution (EFC) and is used to determine your federal student ... Your EFC is the total you and your family can reasonably afford to contribute to your college costs, per the U.S. government's determination.