Frequently Asked Questions

Please enter a word or phrase in the Search field to quickly get answers to some of the most frequently asked questions about financial aid.

How does the federal government come up with my EFC?

A standard formula is used to evaluate the Expected Family Contribution (EFC) of all students. The main factors that drive EFC for a dependent student include a student's income and assets, income and assets of the parent(s) a student lives with, the number of family members in the student's household and the number of family members of that household in college (excluding parents).

Other FAQs