What does the term "Expected Family Contribution" (EFC) mean?
CONTRIBUTION (EFC) is determined by a formula (The Federal Methodology)
which evaluates your income, certain assets and liabilities, income of
your student and their assets and determines how much you should be able
to pay toward the total cost of college. Regardless of the cost of the
college, the amount of Expected Family Contribution does not vary. The
family gross income, assets less home or farm, age of the parents, the
number of dependent children, the number of family members in college,
all have an impact on the EFC.