How is the expected family contribution (EFC) calculated?
The Department of Education uses the Federal Methodology (FM) to do a calculation which helps schools determine financial aid eligibility. The calculation takes into account your family’s income, the number of family members, and value of assets, among other factors. What is the Expected Family Contribution? The Expected Family Contribution is the amount your family will be expected to pay based on the information you provided on the Free Application for Federal Student Aid. How do I request a Federal Stafford loan if I did not ask for a loan when I completed the Free Application for Federal Student Aid (FAFSA)? You may request a loan by email at Financial-Aid@wiu.edu. Be sure to include your student ID number with the request. When are FAFSA on the Web Worksheets available for the new processing Year? The worksheets for the next processing year are usually available in mid to late November. What is the best way to keep up to date on my financial aid status during breaks and over the s
