The Expected Family Contribution (EFC) is the amount a family can be expected to contribute toward a student’s college costs. Financial aid administrators determine an applicant’s need for federal student aid from the U.S. Department of Education and other sources of assistance by subtracting the EFC from the student’s cost of attendance (COA).

The EFC formula is used to determine the EFC and ultimately determine the need for aid from the following types of federal student financial assistance: Federal Pell Grants, Academic Competitiveness Grants (ACGs), National Science and Mathematics Access to Retain Talent Grants (National SMART Grants), Teacher Education Assistance for College and Higher Education Grants (TEACH Grants), subsidized Stafford Loans (through the William D. Ford Federal Direct Loan [DL] Program or through the Federal Family Education Loan [FFEL] Program), and from the “campus-based” programs – Federal Supplemental Educational Opportunity Grants (FSEOGs), Federal Perkins Loans, and Federal Work-Study (FWS).

The Best Kept Secrets for Winning Scholarships
51xODne8htL. SL160 What is Expected Family Contribution?
Overall Rating:
 
Retail Price: $9.97
Your Price: View Sale Price

The methodology for determining the EFC is found in Part F of Title IV of the Higher Education Act of 1965, as amended (HEA). Updated tables used in the computation of the EFC for the 2009-2010 award year were published in the Federal Register on May 29, 2008 (ifap.ed.gov/ fregisters/FR05292008.html) (73 FR 30904).