FA - Expected Family Contribution (EFC)
The Expected Family Contribution (EFC) was a number that determines a student’s eligibility for federal student aid. Starting with the 2024-2025 Academic Year, EFC has been replace with the Student Aid Index. You will still see EFC in WiSH for one more year. The EFC formulas, calculated according to a formula established by law, use the financial information students/parents provide on their Free Application for Federal Student Aid (FAFSA) to calculate the EFC. A family’s taxed and untaxed income, assets, and benefits (such as unemployment or Social Security), family size and the number of family members who will attend college during the year are all considered in the formula. The EFC is a number used by the school to calculate the amount of federal student aid a student id eligible to receive. The EFC is a measure of a family’s financial strength -- the lower the EFC -- the "needier" the student. EFCs range from $0 to $99,999.