FAFSA EFC Information
Financial aid administrators use the information from the Free Application for Federal Student Aid (FAFSA), including the EFC, or Expected Family Contribution, to develop a financial aid package. This package specifies the types and amounts of assistance, including non-federal aid, a student will receive to cover his or her education-related expenses up to COA. However, because funds are limited, the amount awarded to a student may fall short of the amount of aid for which the student is eligible
The Expected Family Contribution number is not the amount of money that your family must provide. Rather, you should think of the EFC as an index that colleges use to determine how much financial aid you would receive if you were to attend their school. That means the EFC figure may vary from school to school, which is normal.
Your EFC number is located in the upper right hand corner of your Student Aid Report (SAR). Your SAR report is generated by the Department of Education after you file your FAFSA.
For more details about this important calculation visit Expected Family Contribution.
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