The information you reported on your FAFSA is used to calculate your Estimated Family Contribution, or your EFC. Your contribution is determined using federally-defined formulas which take into consideration factors such as income level, assets and household size.
The EFC is used to determine your federal student aid eligibility and financial aid award.
The Expected Family Contribution (EFC) measures your family’s financial strength and is used to determine your eligibility for Federal student aid during one academic year. Your EFC will be displayed on your Student Aid Report (SAR) after your FAFSA is processed.
Your EFC is not the amount of money your family will have to pay for college nor is it the amount of Federal student aid you will receive. It is the number we will use to calculate the amount of Federal student aid you are eligible to receive.*
*Source: www.fafsa.gov
