What is the EFC and how is it used in determining my financial aid?
• The EFC (Expected Family Contribution) is the amount of money your family is expected to contribute to the cost of your college education. This figure is determined by the federal government based on all the information submitted on your FAFSA such as the size of your family, the number of your family members that are also attending college, and your family’s current income and savings. Once you have filed your FAFSA application you will receive what is called a SAR (Student Aid Report) that lists your EFC in the top right corner of the report. This information is also sent to the University and is used by the Office of Financial Aid to put together your Financial Aid Package that will be offered to you.
The EFC (Expected Family Contribution) is the amount of money your family is expected to contribute to the cost of your college education. This figure is determined by the federal government based on all the information submitted on your FAFSA such as the size of your family, the number of your family members that are also attending college, and your family’s current income and savings. Once you have filed your FAFSA application you will receive what is called a SAR (Student Aid Report) that lists your EFC in the top right corner of the report. This information is also sent to the University and is used by the Office of Financial Aid to put together a Financial Aid Package that will be offered to you.
