Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the Expected Family Contribution (EFC) and how does it affect financial aid?

April 26, 2017affect contribution EFC family financial aid

0

Posted

What is the Expected Family Contribution (EFC) and how does it affect financial aid?

1 Answer

0

Posted

The EFC, derived from information on the FAFSA, represents the amount that the federal government expects a students family should be able to pay towards the students education. The EFC is a tool which, when subtracted from the cost of attendance, determines a students need and therefore the type of aid for which a student is eligible. Additional information can be found at Expected Family Contribution.