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Why is the expected family contribution (EFC) listed on the SAR different from the family contribution expected by the school?

April 26, 2017contribution different EFC family SAR School

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Why is the expected family contribution (EFC) listed on the SAR different from the family contribution expected by the school?

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The federal formula for computing the EFC may differ from those used by many schools. The federal formula does not consider home equity as part of the assets.