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10
www.ctcpas.org
The federal government provides
expected family contribution (EFC)
to colleges as a guide to help
determine how much a family
should pay and how much aid they
should receive.
To find your estimated EFC, go to
the box where your income and
assets intersect.
Example: A couple with $150,000
in combined income and $100,000
in savings would have an estimated
EFC of $34,143.
Key takeaway: Increases in income
have a much bigger impact on
financial aid eligibility than the same
increases in savings.
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Source:
Estimating Expected Family Contribution
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