What is the Expected Family Contribution (EFC) and what if mine needs to be updated?
The EFC (Expected Family Contribution) is part of the Student Aid Report (SAR) that you receive when you complete the Free Application for Federal Student Aid (FAFSA). The EFC measures a student’s expected family contribution in terms of the ability to pay for educational costs. It is used to determine eligibility for Federal student aid. The Nursing Scholarship Program has a funding preference for applicants of greatest financial need, defined as qualified applicants with an EFC of zero. The Nursing Scholarship Program uses the EFC listed on the Student Aid Report. If your EFC has changed due to special circumstances, the Student Aid Report must be corrected. Call 1-800-433-3243 to speak with the Federal Student Aid Information Center about your situation and obtain help updating your FAFSA. If your EFC changes before an NSP award is made, the NSP will reconsider your application based on this change.
Related Questions
- I received my Student Aid Report (SAR) and there is an asterisk (*) by my Estimated Family Contribution (EFC). What does that mean?
- My Student Aid Report (SAR) has my Estimated Family Contribution (EFC), but there is a "C" next to it. What does that mean?
- What does Estimated Expected Family Contribution (EFC) = 7954 mean?
