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How is EFC determined and used?

EFC Used
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How is EFC determined and used?

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Institutional Methodology. The parental portion of the EFC is waived for students with family incomes below $60,000. Between $60,000 and $120,000 the parental contribution is on average between 1% and 10% of income, and between $120,000 and $200,000 the parental contribution averages 10% of income. Regardless of income the student portion of EFC is still required.

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