Expected Family Contribution (EFC)

The amount of money you and your family can reasonably be expected to use toward paying for a college education. The EFC is determined by a formula established by Congress. The EFC is used to calculate the amount of your Federal Pell Grant and establish your need for other federal student aid program assistance (except for Federal Direct Unsubsidized or PLUS loans). If you are an independent student, you may be expected to use a portion of your (and your spouse's, if married) income, other benefits and assets to finance your education. If you are a dependent student, you may be expected to use a portion of both your and your parents' income, other benefits and assets to finance your education.