This figure is determined by the information you report on the FAFSA and is calculated by the federal methodology. Your EFC combined with your college costs will determine your eligibility for a Federal Pell Grant and other need-based aid.
the dollar amount that a family is expected to pay toward a student's educational costs. This federal calculation is based on family earnings, assets, family size and number of students in college.
The amount of money you and your family can reasonably be expected to use toward paying for a college education. The EFC is determined by a formula established by Congress and is used by the Office of Financial Aid to establish your degree of financial need for Federal financial aid (except for Federal Direct Unsubsidized or PLUS loans). If you are an independent student, you may be expected to use a portion of your (and your spouse's, if married) income, other benefits and assets to finance your education. If you are a dependent student, you may not only be expected to use a portion of your income, other benefits and assets to finance your education, but may also be expected to receive financial help from your parents.
( EFC): An amount, determined by a formula Congress established, that indicates how much of your family’s resources should be available to help pay for school. The EFC is used in determining your eligibility for aid except for Unsubsidized Stafford Loans and Plus Loans.
(EFC) - The formula used to calculate your EFC is established by federal regulations.It measures your family's financial strength on the basis of income and assets. The EFC is used to determine your eligibility for federal student aid.
The amount the federal government, via the FAFSA process, estimates that a student's family should be able to contribute to the cost of a college education. This figure includes parental contribution as well as the student's assets and summer job earnings.
The amount, determined by a formula Congress established, that a student's family is expected to contribute toward the cost of attendance. It is determined for the purposes of the federal, state, and institutional need-based SFA programs. The EFC is printed on the front of a Student Aid Report (SAR) or on an Institutional Student Information Record (ISIR).
A family's ability to pay for the student's education according to a formula determined by federal government.
The amount of money reported on a Student Aid Report that a student's family is expected to pay toward the student's education.
A calculation representing the amount of money that a student and his or her parents will be expected to contribute to education costs in a given year. The expected family contribution is determined from information provided in the Free Application for Federal Student Aid.
The amount calculated by the federal government using the Federal Methodology as the minimum amount the student and/or family is expected to pay toward the cost of education each year.
The Expected Family Contribution is the amount that a student and family (if required) are expected to contribute toward the Cost of Attendance (COA). This amount is based on the family's income and assets.
EFC is used to determine federal student aid eligibility. The formula used to calculate EFC is established by law and is used to measure a family’s financial strength on the basis of income and assets.
The Effective Family Contribution is the theoretical amount that the student's family can afford to pay toward the cost of the student's education. The EFC is produced by a need analysis formula using the information provided on the FAFSA. The EFC is a five-digit number that appears on the upper right part of the Student Aid Report (SAR) and is an indicator of financial need.
The amount a student (and parents, if dependent) is expected to pay towards the cost of attending college. This figure accurately determines eligibility for financial aid. The EFC depends on the student's dependency status, family size, number of family members in school, taxable and nontaxable income and assets. The difference between the COA and the EFC is the student's financial need, and is used in determining the student's eligibility for need-based financial aid such as grant aid and subsidized Stafford loans.
The amount of money you and your family can reasonably expect to contribute toward the cost of attendance. The EFC is calculated using a standardized formula, known as Federal Methodology. The FAFSA collects data to determine this calculation.
The amount a student's family is expected to contribute toward college costs. The U.S. Department of Education calculates a student's EFC based on information provided on the Free Application for Federal Student Aid (FAFSA).
The amount a student and his or her family are expected to pay toward the student's cost of attendance as calculated by a Congressionally-mandated formula known as Federal Methodology. The EFC is used to determine a student's eligibility for the student financial assistance programs.
This is a estimate of what a student and his or her family can afford to pay for the students' college education. A federally approved formula is used to calculate is used to calculate EFC.
The results of a federal formula using the family's income and assets to determine the expected contribution towards educational expenses. The EFC is reported on the Student Aid Report.
The amount that you and your family will be expected to contribute toward your educational expenses (budget), as determined by the federal government from the information on your FAFSA. To get worksheets that show how the EFC is calculated, go to www.ifap.ed.gov or call (800) 4-FED-AID (433-3243).
The amount a family is expected to pay toward college costs. This amount is determined via the FAFSA process by a need analysis formula established by the federal government and can be found on your Student Aid Report (SAR).
The federal government's assessment of a family's ability to contribute to the student's education for a given academic year. This amount is determined from information provided on the FAFSA.
A figure determined by formula which indicates how much of a family's resources should be available to help pay for school. Factors such as taxable and non-taxable income and value of assets are considered to determine a family's financial strength. Allowances for maintaining a family and future financial needs are then taken into consideration before determining what portion of the remaining "strength" is considered available to help with the cost of education.
This is the amount the student and the parents are expected to pay toward educational expenses for the coming year. The EFC is calculated from a formula established by Congress, based on the information that you provide on the Free Application for Federal Student Aid (FAFSA).
EFC ): Amount you and your parents are expected to pay toward college expenses as determined by the DOE.
The amount the federal government, via the FAFSA process, estimates that a family should contribute to the cost of a college education, based on income, assets and other circumstances.
The amount a student and his/her family are expected to contribute toward the student's cost of attendance as calculated by the congressionally mandated formula known as the Federal Methodology. This EFC is derived from the data you submit on the FAFSA.
Based on federal criteria, the amount a family is expected to pay toward education.
The amount of money a student and his/her family are expected to contribute toward school costs. This amount is calculated based on such items as income and assets as reported by the family.
A measure of your family's financial strength and is used to determine your eligibility for federal/institutional student aid.
The EFC is the amount of money the federal government expects the family to be able to contribute to the student's education for one year. This is the figure we subtract from your total budget (cost of attendance) to arrive at your financial need. You may calculate an estimate of your EFC at http://www.finaid.org/calculators/finaidestimate.phtml.
Amount a family is expected to contribute to a student's education. EFC is calculated based on family earnings, net assets, savings, size of family and number of students in college.
The amount that each family is expected to pay to attend a postsecondary institution that is calculated using guidelines set by federal law.
The amount a student and the student's spouse and family are expected to pay toward the student's cost of attendance.
The amount of money that the student and/or student's family is expected to be able to contribute toward the student's education, as determined by the federal need analysis formula.
The portion of a family's financial resources that should be available to help pay for college.
Amount family is expected to pay toward student's college education based on federal analysis of student/family need for assistance.
Expected family contribution (EFC) is a formula used by the U.S. Department of Education to determine student eligibility for such financial aid as grants, subsidized student loans, or participation in Work-Study. The formula assigns a weight to the assets and income of household members to calculate the EFC. The EFC is stated in dollars. You can find a worksheet for calculating EFC at the DOE Web site ( www.ed.gov).
Amount of money a student (and spouse) or family is expected to pay toward college education. Commonly referred to as the family's “ability to pay”. The EFC is calculated when the student submits a financial aid application. (FAFSA)
The amount a student and/or the family are expected to contribute for education expenses. The data provided on the Free Application for Federal Student Aid is processed using a need analysis formula to determine the EFC.
This amount indicates how much money the government estimates a student and family can afford to contribute toward the year's college costs. Income, assets, benefits, family size, and the number of family members in college are figured into the EFC. Most schools leave a "gap" or "unmet need" between the EFC and the student's aid award.
the amount of money that your family is expected to be able to contribute to your education, as determined by a need analysis formula approved by congress and used by the U.S. Department of education. The EFC includes the parent contribution and the student contribution.
The amount of money the family is expected to contribute for the year toward the student's cost of attendance. This figure is compared to the Cost of Attendance to determine a student's aid eligibility.
what the federal government formula says your family should be able to pay toward yearly college costs. The EFC amount is based on financial aid information submitted on the Free Application for Federal Student Aid about your family's income and assets.
A formula has been created, approved by the government, which most heavily counts family income (including the student), places somewhat less emphasis on assets, and pays very little attention to family debt. After examining these factors, a figure is produced, called the Expected Family Contribution, or EFC. This figure indicates how much money, on an annual basis, parents are considered to be able to afford to pay for their children's education. All colleges and universities, public or private, must use the EFC figure when awarding government scholarships, loans, or work-study money to students.
The amount is calculated using a standard federal formula that the student’s family is expected to pay toward the student’s education. This amount. It is based on the family’s income, assets, size of family, and number of children in college.
The amount that a student and family can be expected to contribute towards educational expenses over a year's time. The EFC is calculated when the student submits a finanical aid application.
The amount the student and family is expected to contribute to a student's education, based on family earnings, net assets, savings, and size of family and number of students in college. This federal methodology is part of the determination of amount and type of available federal financial aid.
The amount, determined by a formula Congress established, that a student's family is expected to contribute toward the cost of attendance, based on the family's income and assets. The EFC for the Federal Pell Grant, Campus-Based and Federal Stafford loan programs is used to calculate awards. The EFC is printed on the front of the Student Aid Report (SAR) that is sent to the applicant, and is also included in the Institutional Student Information Record (ISIR) that is sent to the college.
An amount of money that the federal government specifies as the responsibility of a family to contribute toward a student’s college education. The EFC is calculated from a formula that the government applies to the information on the FAFSA.
The government determines the amount of money a student and their family must pay toward the student's education costs. The EFC depends on a student's dependency status, the size of the student's family, whether or not there are other family members in school, taxable and nontaxable income, access to parent's assets, and other factors.
A calculation of how much of a family's resources should be available to pay toward the price of attending college, based on the Free Application for Student Aid (FAFSA) analysis.
Amount a family is likely to pay toward college tuition. Computed by both the government and the individual school. If this amount is less than the Cost of Attendance then the difference is made up through financial aid
The amount the student's family is expected to contribute towards the cost of attendance, for the purpose of the student financial aid programs. The EFC is printed on the front of the Student Aid Report.
An amount, determined by a formula established by Congress, that indicates how much of your families financial resources should be available to help pay for school. The EFC is used in determining your eligibility for financial aid. Go to top
the amount you and/or your parents are expected to contribute toward your educational expenses as determined by a federally-mandated formula, which uses the information you provide on your FAFSA or renewal FAFSA.
The amount a student is expected to pay toward the student's cost of education as calculated by the federal government. The EFC is used to determine a student's eligibility for need-based financial assistance.
(EFC): The amount a family can afford to contribute to educational costs. This will impact the level of federal (and other) assistance a student qualifies for.
Determined by a formula, this figure indicates how much of a family's financial resources should be available to help pay for the student's education. The EFC is used in determining eligibility for financial aid. Both FM (federal methodology) and IM (institutional methodology) use the EFC concept, although the calculated EFC under the two methodologies may differ.
The amount a family will contribute to the cost of a college education. This amount is used to determine the need for financial aid. The amount is determined through a calculation that includes both the parent's and student's available income and available assets minus allowances.
is the amount you and your family are expected to contribute toward your education as calculated on your FAFSA.
The amount of money that the family is expected to be able to contribute to the student's education, as determined by the Federal Methodology need analysis formula approved by Congress. The EFC includes the parent contribution and the student contribution, and depends on the student's dependency status, family size, number of family members in school, taxable and nontaxable income and assets. The difference between the COA (Cost of Attendance) and the EFC is the student's financial need, and is used in determining the student's eligibility for need-based federal, state and ULV financial aid.
The amount your family must contribute out of their own pocket towards education.
The amount of a family's resources (income and assets) that the federal financial aid formula considers available to help pay for school.
See "Family Contribution (FFELP)".
The amount of money that a family is expected to contribute to a student's educational costs.
The information you provide on the FAFSA is put through a federally designed computation. The end result is reported on your Student Aid Report as your EFC; this is the figure colleges will use to determine your eligibility for financial aid.
An amount, determined by a formula established by Congress, that indicates how much of your family’s financial resources should be available to help pay for school. The EFC is used in determining your eligibility for federal and state student aid.
Analysis on how much money a family can contribute toward education expenses.
The out-of-pocket expenses a family and/or student is expected to contribute toward the cost of college, graduate or professional school. The EFC is the basis for financial need.
This figure is determined by a formula established by Congress, and indicates the amount the student (and the student's family, if dependent) should contribute to the Cost of Education. This is based on taxable and nontaxable income, assets (such as checking and savings accounts), and benefits (such as Social Security or unemployment).
An amount, established by law, that attempts to measure a family's financial strength. This calculation is based on family income, assets, the number of students in college and family size. The EFC is used in determining financial need for federal student aid.
The amount the family is expected to pay toward the cost of attending school.
The amount a family is expected to provide toward a student's education. EFC is calculated based on family earnings, net assets, savings, size, and number in college.
An amount, determined by a formula that is specified by law, that indicates how much of a family's financial resources should be available to help pay for school. Factors such as taxable and non-taxable income, assets (such as savings and checking accounts), and benefits (for example, unemployment or Social Security) are all considered in this calculation. The EFC is used in determining eligibility for Federal need-based aid.
The amount of money a family is expected to contribute to educational expenses. The Federal Student Aid Commission determines the EFC.
The portion of your and your family's financial resources that should be available to help pay educational costs, based on a federal formula.
The portion of your and your family's financial resources that should be available to pay for your educational costs.
The expected family contribution is the amount the student and/or the student's family are expected to contribute to the student's education from income and assets. The contribution amount is based on a federal government formula adopted by Congress. The expected family contribution will be the same for any school to which the student applies.
The dollar amount that a family is expected to pay toward a student's educational costs. This federal calculation is based on family earnings, assets, students in college and size of family.
The amount that the student's family is expected to contribute towards the cost of attendance. This figure is derived from the family's base year income and assets. The EFC is used to award aid for campus-based programs and Federal Stafford Loan funds.
An amount, determined by a formula established by the U. S. Congress, that indicates how much of a familyâ€(tm)s financial resources should be available to help pay for school. The EFC is used in determining eligibility for financial asistance.
The process used to determine a student's eligibility for financial aid is called need analysis. In this analysis, income and asset information from both the student and parent(s) is examined to determine the family's ability to contribute toward the cost of education.
The dollar amount that a family is expected to pay toward a student's educational costs via the FAFSA process. EFC is based on family earnings, assets, students in college and family size.
The financial figure used to determine eligibility for federal student aid. You can calculate your expected family contribution using the Financial Aid Need Estimator. (See Mercy’s website)
The amount a family can reasonably be expected to pay for one year of college. Read about your EFC
The amount of money a student/family is expected to pay toward college costs in a given academic year for a given student according to the federal formula.
The amount of money that a student and his/her spouse and/or family are expected to pay toward his/her cost of attendance ("ability to pay"). The EFC amount is computed from the information you submit on the FAFSA form.[ BACK
The amount you and your family are expected to contribute toward your education as determined by a formula established by the U.S. Congress. The formula considers income and asset information that you reported on the FAFSA.
The amount of money a student and his or her family can contribute toward college costs. The student's FAFSA and/or the colleges' financial aid form determine this.
The amount that a student and his/her parents can reasonably be expected to contribute toward college costs, as determined by Federal Methodology. The EFC is usually a combination of parent and student resources. See also Federal Methodology.
The EFC is calculated using a needs analysis formula that uses information reported on the FAFSA. The figure is the total amount the student and family are expected to contribute to the student's education for the academic year. This figure is used to determine the student's eligibility for financial aid. The EFC is printed on the front page, top right hand corner of the Institutional Student Information Record (ISIR).
EFC refers to the amount a family is expected to contribute for the year, towards a student's cost of attendance.
The EFC refers to what a family is expected to pay toward the cost of the college loan. It's determined by the FAFSA need analysis formula established by the federal government, and is found on the Student Aid Report (SAR).
Using Federal Methodology and individual family size and finances, this figure is established to set an available income that can be used by a family for the student's education.