A family's demonstrated financial need is the difference between the cost of attendance and the expected family contribution. The cost of attendance (COA) provides an estimate of the costs associated ...

Student aid is calculated based on a formula called Expected Family Contribution, “EFC.” This is the amount that the government assumes a family can pay for their student to attend college.

One major change is replacement of the expected family contribution – a formula to determine need-based financial aid eligibility based on answers families provide on the FAFSA – with the ...

The Financial Aid Office takes the total cost for attending Santa Clara University for an academic year (including room, board, books, supplies, local transportation, loan fees and personal expenses) ...

This question is about the Student Aid Index. The Student Aid Index (SAI) replaced the Expected Family Contribution (EFC) for the FAFSA (which families are filing right now). However, this has led ...

There are several factors used to determine a family’s Expected Family Contribution (EFC) (more on this below), and income is only one of them. Also, it’s important to remember that many ...

Some alternative options include the following: In short, it’s up to each family to determine the best way to cover the expected student contribution. Regardless of your decision, your scholarship ...

The SAI replaced the expected family contribution, which was previously used on the application. Typically, the SAI calculation expects parents to use 25% to 35% of their adjusted available income ...

A non-U.S. citizen will have their expected family contribution remain the same each year they attend Smith. The Smith Grant will be adjusted so that the total family contribution remains stable. Cost ...

Opinions expressed by Forbes Contributors are their own. Robert Farrington writes about higher education and student loans. Colleges and universities have always used certain data and formulas to ...