Expected Family Contribution (EFC)
What is the EFC?
The Expected Family Contribution (EFC) is a number that determines a student’s eligibility for federal student aid. The EFC formulas use the financial information a student provides on his or her Free Application for Federal Student Aid (FAFSA registered trademark) to calculate the EFC. The financial aid officer (FAO) subtracts the EFC from a student’s cost of attendance (COA) to determine his or her need for the following federal student financial assistance offered by the U.S. Department of Education (the Department) at the technical college:
- Federal Pell Grants and/or
- Federal Supplemental Educational Opportunity Grants (FSEOG).
The methodology for determining the EFC is found in Part F of Title IV of the Higher Education Act of 1965, as amended (HEA).
What is the source of data used in EFC calculations?
All data used to calculate a student’s EFC comes from the information the student provides on the FAFSA. A student may submit a FAFSA:
- by using FAFSA on the Web,
- by filing an application electronically through a school, or
- by mailing a FAFSA to the Central Processing System (CPS).
Students who applied for federal student aid in the previous award year may be eligible to reapply using a renewal FAFSA online. Applying for federal aid is free, but to be considered for non-federal aid (such as institutional aid), students may have to fill out additional forms, which might require fees.
Staff encourages applicants to complete the FAFSA
- The EFC Formula, 2017–2018: https://ifap.ed.gov/efcformulaguide/071416EFCFormulaGuide1718.html
- The EFC Formula, 2018 – 2019: https://ifap.ed.gov/efcformulaguide/071017EFCFormulaGuide1819.html