Expected Family Contribution (EFC) Calculator
This form is used to calculate the Expected Family Contribution (EFC) and financial need, and to estimate your student financial aid. This is a free service. We do not retain any record of the information you submit using this form, and have taken steps to ensure your privacy.
Before filling out this form, we strongly recommend that you read the caveats.
This form calculates the EFC for a single year, so please enter school costs, scholarships and financial information accordingly.
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.
After you've filled out the form, don't forget to press the "Calculate" button at the bottom of the form.
If you're intimidated by such a long form, try FinAid's QuickEFC Calculator. It uses much fewer questions to generate a quick estimate of your EFC.
If you prefer to do the calculations yourself, you can find the 35-page FAFSA Formula Worksheets and Tables at the US Department of Education's web site.
This form is based, in part, upon published EFC formulas provided by the US Department of Education. It was implemented by Mark Kantrowitz. Advice, information, and comments were provided by Michael Alexander, Steve Brooks, Ellen Frishberg, Richard Heckman, D. Sherwin Hibbets, Phyllis K. Hooyman, Chris Johnson, Geri R. Larsen, Steven A. Murray, Chris Tillman and Ann White.
|Home | Loans | Scholarships | Savings | Military Aid | Other Types of Aid | Financial Aid Applications
Answering Your Questions | Calculators | Beyond Financial Aid | Site Map | About FinAid®
|Copyright © 2015 FinAid Page, LLC. All rights reserved.
Mark Kantrowitz, Founder