Do you know what your Expected Family Contribution (EFC) 2018 is? Most families don’t. Did you know that there are three EFCs in the financial aid process? Most families don’t.
The EFC(s) represents the families’ ability to pay for a college education. The Expected Family Contribution (EFC) is calculated via the Free Application for Federal Student Aid (FAFSA) and the Estimated Family Contribution (EFC) is calculated via The CSS Profile under one of two formulas. The Institutional Methodology or the Consensus Methodology depending on the college. Families need to know that the three EFCs could vary widely. Moreover, many families are not told what their EFC is under the Institutional and the Consensus Methodologies by the college(S).
If you would like our staff to calculate your true EFC(s) and learn how to increase your financial aid eligibility, please contact our office.
