What is the family contribution?
Although students and parents are primarily responsible for college costs, we know that each family’s situation is unique and, often, complex. Our goal is to determine a realistic expectation from each family, based on federal regulations and Dartmouth’s own policies. This expectation includes a parents’ contribution, a student contribution based on prior year earnings, and a portion of the student’s savings and assets. The College uses the Federal Methodology need analysis formula to determine eligibility for federal funds. In measuring need for Dartmouth scholarship assistance, the Financial Aid Office will review both the impact of home equity plus the family’s asset liquidity in determining an equitable family contribution.
The “expected family contribution” (or EFC) is the minimum amount that parents and students are expected to contribute toward the cost of education. It is based upon information you provided on the FAFSA and is determined in accordance with federal guidelines. Should you have any questions regarding this complex calculation, please contact a Student Financial Services counselor or use the online Expected Family Contribution (EFC) Calculator.
