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Streamlined Expected Family Contribution (EFC) Calculator

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This is a streamlined version of FinAid's Expected Family Contribution (EFC) Calculator. It calculates the EFC for a single year, so please enter annual figures.

Each section of this form includes more detailed instructions for the items in that section. For help with a particular question, click on the question mark (?) adjacent to the field label.

Show:

Need Analysis Methodology:

Use Tables for Award Year:


Student Status:

Enrollment:
Full Time
3/4 Time
Half Time
Less Than half time
Dependency Status:
Dependent Student
Independent Student
If independent, do you have any dependents other than yourself and a spouse?
Yes
No
If independent, please indicate your marital status:
Single
Married (only student is enrolled at least half time)
Married (student and spouse both enrolled at least half time)

Family Information:

Household Size (Number in Family): ?
Number in College: ?

Parent Information:

Were your parents required to file a tax return during the tax year prior to the award year?
Yes
No

If your parents filed a tax return, were they eligible to file an IRS Form 1040A, 1040EZ, or 1040TEL?
Yes
No

Number of Parents:
One
Two

State of Legal Residence: ?
Age of Older Parent: ?
 
Adjusted Gross Income (AGI): ?
Federal Tax Paid: ? 
Earned Income (Father/Stepfather): ? 
Earned Income (Mother/Stepmother): ? 
Worksheet A (Untaxed Benefits): ? 
Worksheet B (Tax-Deferred & Untaxed Income): ? 
Worksheet C (Student Aid Included in AGI): ? 
Liquid Assets (Cash, Savings, Checking): ? 
Net Home Equity: ? 
Net Worth Business or Farm: ? 
Other Investments: ? 


Student Information:

Were you (or your spouse) required to file a tax return during the tax year prior to the award year?
Yes
No

If you (or your spouse) filed a tax return, were you eligible to file an IRS Form 1040A, 1040EZ, or 1040TEL?
Yes
No

State of Legal Residence: ?
Student Age as of December 31, 2014: ?
 
Adjusted Gross Income (AGI): ?
Federal Tax Paid: ? 
Earned Income (Student): ? 
Earned Income (Student's Spouse): ? 
Worksheet A (Untaxed Benefits): ? 
Worksheet B (Tax-Deferred & Untaxed Income): ? 
Worksheet C (Student Aid Included in AGI): ? 
Liquid Assets (Cash, Savings, Checking): ? 
Net Home Equity: ? 
Net Worth Business or Farm: ? 
Other Investments: ? 
 
Scholarships and Other Resources: ?

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