How does the family pay the Expected Family Contribution (EFC)?
The EFC is not an amount specifically paid by the family to the University; rather it is considered a contribution, by your family, to your cost of attendance. Your family decides how it works best to accomplish this. Examples are lump-sum payments for residence hall charges (or payments on a payment-plan arranged with Housing and Dining), sending periodic payments for rent and utilities (for off-campus students), or for miscellaneous educational costs as outlined in the Cost of Attendance. Some families make deposits to a bank account, which can be drawn from during the academic year, or send a check, which you can deposit to your bank account. You and/or your parent(s) are making EFC contributions whenever you or they pay out-of-pocket for any of the costs associated with the cost of attendance.
The EFC is not an amount specifically paid by the family to the University; rather it is considered a contribution, by your family, to your cost of attendance. Your family decides how it works best to accomplish this. Examples are lump-sum payments for residence hall charges (or payments on a payment-plan arranged with Housing and Dining), sending periodic payments for rent and utilities (for off-campus students), or for miscellaneous educational costs as outlined in the Cost of Attendance. Some families make deposits to a bank account, which can be drawn from during the academic year, or send a check, which you can deposit to your bank account. Student and p arent(s) are making EFC contributions whenever they pay out-of-pocket for any of the costs associated with the cost of attendance.
