Unveiling the Mystery of Expected Family Contribution (EFC)

An Expected Family Contribution index number is produced. This number establishes how much student financial aid you are eligible to receive. Perhaps the most important one to know is EFC, otherwise known as Expected Family Contribution. Your EFC is a monetary number that is ... a dollar amount of aid you'll receive, · what your family is expected to provide, or · your final financial aid offer. EFC is a number calculated with the information you provide on the FAFSA to help determine your need for certain types of financial assistance. Understanding how to pay for college is complicated. How do you know if you could quality for financial aid or have "financial need"? The Expected Family Contribution (EFC) is a measure of your family's financial strength and is calculated according to a formula established by Congress. The Expected Family Contribution (EFC) is the amount calculated by the federal government that shows how much your family can afford to pay each year toward ... Here are 5 FAFSA Tips that will reduce your expected family contribution (EFC) And help you get more financial aid! 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 ... The total amount a family is asked to contribute toward a student's Yale education. It is used to cover both billed expenses and unbilled expenses. The EFC ...