Using a formula set by Congress, the U.S. Department of Education uses the information you reported on the FAFSA to calculate the Expected Family Contribution (EFC).
This number appears on your Student Aid Report (SAR) and represents the amount the federal government expects you should have available to pay towards your Cost of Attendance (COA). Your EFC and COA are key factors to determine your financial aid eligibility. However, many factors determine financial aid eligibility, so sometimes a student pays more than their EFC and sometimes they may pay less.
What is my EFC used for?
Your EFC, along with your COA, is a tool which helps us to determine the type of aid for which a student is eligible and enables us to create a student's financial aid pacakge.
Cost of Attendance - EFC = Need
The eligibility for some awards is based on the EFC; other aid options require need to qualify.