For some borrowers it will be as little as 0. The expected family contribution efc is a number that determines students eligibility.
Choose federal methodology to calculate your expected family contribution efc and financial need using the federal need analysis methodology used by the federal processor and school financial aid administrators.
Estimated expected family contribution chart. Estimated financial need. Other factors which are involved are. Expected family contribution efc.
Our efc chart breaks down the expected family contribution so that parents and students can understand what details are involved in this calculation. Estimated expected family contribution efc chart expected family contribution efc college affordability free efc calculator your expected family contribution or efc is the starting point for families to understand their financial aid position student loans in the u s regulatory framework higher education act of 1965 u s dept of education. The expected family contribution efc is a measure of your familys financial strength and is calculated according to a formula established by law.
For some borrowers it will be as little as 0. The efc calculator estimates the expected contribution of a students family for the year and helps gain insight into the students financial aid eligibility. Efc is calculated based on your financial information.
This is an estimate of the amount of need based financial aid that you are eligible for. Efc is calculated based on your financial information. This is your expected family contribution.
For others as much as the full cost of attendance. Your expected family contribution efc is the major driving factor in determining financial aid eligibility and the structure of the financial aid award. When its put on paper your estimated expected family contribution is a simple dollar figure.
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