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Get Expected Family Contribution (EFC) CHAPTER 3 The EFC Is A Measure Of How Much The Student And His

The EFC is calculated according to a formula specified in the law. In this chapter, we describe the EFC formula in detail. General Information A Basic EFC formulas Every year the Department publishes updated tables used in the EFC calculation. The 2007 08 updates are in the May 31, 2006, Federal Register, which was posted on July 17. Also available at www.ifap.ed.gov is the EFC Formula Guide. Special calculations The law provides three different formulas to calculate the EFC: one for d.

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