What is an EFC?

EFC stands for “Expected Family Contribution.” After the FAFSA is processed using the federal methodology formula, an EFC number is calculated.This is the amount a family could be expected to have available to contribute toward the student’s education. This is not an amount of money you are expected to pay to the school. EFC ranks the FAFSA in order of “need.” (A student with a large EFC may not be eligible for need-based financial aid. Students with a low EFC may qualify for more need-based financial aid, including federal and state aid.)

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