Sunday, August 01, 2010
Key to College


Resources

Expected Family Contribution (EFC) Calculator

Why do I have to calculate expected family contribution? The difference between “cost of attendance” (total cost) and financial “need” is the expected family contribution. The financial need of the student, by far, is the most important factor in determining financial aid. Most of the financial aid given by the Federal and State governments is based on the financial need of the student. Also, most of the financial aid given by the colleges is need-based.

Cost of Attendance
- Expected Family Contribution
= Financial Need
- Resources of the Student
= Adjusted Financial Need

A good free accurate EFC calculator is contained on the finaid website, the link is:

http://www.finaid.org/calculators/finaidestimate.phtml

 

Insights - Articles and other information that may of use or interest to students and their families.

What the Class of 2009 Should Be Doing Now (PDF Format)

New York State Attorney General Settlement (PDF Format)

Our Printable Brochure

Key to College Brochure (PDF)

Links

Educational Testing Service

FAFSA: Free Application for Federal Student Aid

U.S. News & World Report: Education

Princeton Review




SERVICES || RESOURCES || ABOUT || CONTACT