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28 Μαρ 2021 · The Central Processing System (CPS) uses data provided by the applicant on the FAFSA form to calculate the EFC. The EFC formula uses income, assets, the number of persons in the household, and the number of those attending college for the award year.
- THE EFC FORMULA, 2022–2023
The Expected Family Contribution (EFC) is a number that...
- THE EFC FORMULA, 2022–2023
The Expected Family Contribution (EFC) was an index number used to determine your eligibility for federal student financial aid. It has been replaced by the Student Aid Index (SAI). Was this page helpful?
To determine Student Aid Index (SAI) for the 2024-25 FAFSA use the new: SAI CALCULATOR. The Expected Family Contribution (EFC) calculator is still available below to find calculations from previous years. Prefer a quick estimate of your EFC instead? Try Finaid’s Quick EFC Calculator.
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 ®).
Estimate how much federal student aid you may be eligible for using this tool.
20 Μαρ 2024 · The EFC, or Expected Family Contribution, is a figure determined through your FAFSA financial aid application, CSS profile, or other financial aid applications. Colleges use it to work out how much financial aid you’re eligible for.
The student may want to use the Federal Student Aid Estimator before filling out the FAFSA form to help them understand their options for paying for college or career school by providing them an early estimate of how much federal student aid they may be eligible for.
