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  1. 25 Αυγ 2023 · Pell Grant scheduled awards are based on the 9-month Expected Family Contribution (EFC) on the student’s valid SAR or ISIR, the academic year structure (see Volume 3, Chapter 1), and the cost of attendance (COA) for a full-time student for a full academic year (see Volume 3, Chapter 2).

  2. Beginning with FAFSA year 2024-25, the Student Aid Index (SAI) has replaced the Expected Family Contribution (EFC) formula. The SAI is similar to the EFC with a few different factors that will now be considered when determining the student’s aid.

  3. 20 Μαρ 2024 · The EFC is also the single factor that determines whether you’re eligible for the Federal Pell Grant. Applicants whose EFC is less than 90% of the maximum Federal Pell Grant will receive a Federal Pell Grant. Applicants with a zero EFC will receive the maximum Federal Pell Grant.

  4. studentaid.gov › understand-aid › typesFederal Student Aid

    Federal Pell Grants are awarded to undergraduates based on financial need and cost of attendance.

  5. 28 Μαρ 2021 · The EFC is a measure of how much the student and his or her family can be expected to contribute to the cost of the student’s education for a given award year. It impacts a student’s eligibility for certain types of federal student aid. The EFC is calculated according to a formula specified in the law and explained in detail in this chapter.

  6. The Expected Family Contribution (EFC) is a number that determines students’ eligibility for certain types of federal student aid. This number is calculated with the EFC formulas, which use the information that students provide on the Free Application for Federal Student Aid (FAFSA®) form.

  7. 23 Μαρ 2023 · The Pell Grant is a form of need-based federal financial aid awarded by the U.S. Department of Education to help eligible low-income students pay for college costs, including tuition, fees,...

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