the college or university’s estimated of the amount of financial assistance that you may be awarded for a particular enrollment period. The EFA includes assistance from federal, state, and institutional sources; scholarships; financial need-based employment; or other sources.

For the Federal Family Education Loan Program (FFELP), the amount of student financial aid the student can expect from federal, state, school, or other sources, including grants, loans or need-based work programs.

The institution's estimation of the amount of financial assistance/aid a student is eligible to receive for an enrollment period.

The school’s estimate of the amount of federal, state or other scholarship, grant, work or loan program assistance that a student has been or will be awarded for a loan period.

The school's assessment of the amount of financial help that a student has been or will be awarded for the enrollment period for which a loan is sought. The EFA includes assistance from federal, state, institutional, scholarship, grant, financial need-based employment, or other sources.

Part of the calculation to determine how much financial need a borrower has, which can affect the amount of the loan.