What is Expected Family Contribution?
Posted: June 04, 2016 | Author: Southern Utah University | Read Time: 1 minutes
Expected Family Contribution (EFC) is an index used by the financial aid office at Southern Utah University to determine how much aid you are eligible for. The EFC is calculated by the Department of Education based on the information submitted via the FAFSA. The calculation is done according to formula established by law.
There are several factors taken into consideration in the calculation of the EFC, including but not limited to family size and income, assets, and the number of family members who may be attending college.
The EFC is not the amount of money that your family will need to come up with in order for you to attend school. It is merely an index, calculated by the Department of Education, used to determine eligibility for aid.
Find the version of this article in Spanish here: ¿Qué es la Contribución de la Familia Esperada?
This article was published more than 3 years ago and might contain outdated information or broken links. As a result, its accuracy cannot be guaranteed.
Tags: Blog Financial Aid
