What does EFC stand for?

Expected Family Contribution

This definition appears very rarely

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Samples in periodicals archive:

To determine if a student has financial need, the aid formula compares how much it costs a student to attend a particular college and an estimate of how much the student or student and family can afford to pay toward the cost--called the expected family contribution (EFC).

Federal Student Aid Formula: Cost-of-Living Adjustment Could Increase ...

Those found to have a greater ability are asked to pay more - the fearsome Expected Family Contribution.

The fearsome FAFSA

Specifically, families filling out a 1040A or 1040EZ tax form--rather than the standard 1040 form--can more easily qualify for an automatic zero expected family contribution.

Many eligible students never apply for financial aid, new report finds

The FAFSA determines the student's Expected Family Contribution (EFC) by collecting both the student and parent/legal guardian financial data.

Student loan ABCs: CPAs can help negotiate the gauntlet of funding a ...

The federal financial aid formula does not consider retirement accounts, including 401(k) plans and individual retirement accounts (IRAs), when calculating your expected family contribution.

Which is More Important - Saving for Retirement or Saving for Your ...

Department of Education, which calculates your expected family contribution (EFC) and reports it to the colleges you request.

Early Birds Grab the Financial Aid

To help get an idea of how much aid you can expect to receive, use the free online Expected Family Contribution calculator at www.

Here to Help; Q&A; How is financial-aid eligibity determined?; Make ...

It is also used to calculate the Expected Family Contribution (EFC).

The bottom line in funding a college education