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Expected Family Contribution (EFC)

Your EFC is not the amount of money your family will have to pay for college, nor is it the amount of federal student aid you will receive. It is a number used by your school to calculate how much financial aid you are eligible to receive.

General Information

The Expected Family Contribution (EFC) is an index number that college financial aid staff use to determine how much financial aid you would receive if you were to attend their school. The information you report on your FAFSA is used to calculate your EFC. 

The EFC is calculated according to a formula established by law. Your family's taxed and untaxed income, assets, and benefits (such as unemployment or Social Security) all could be considered in the formula. Also considered are your family size and the number of family members who will attend college or career school during the year. The EFC Formula guide shows exactly how an EFC is calculated.

How is your financial aid package is determined?

What is Need-Based Aid and how does my school figure out how much I'll get?

What is Non-Need-Based Aid and how much does my school figure out how much I'll get?

Estimate your EFC at the College Board Website if you have not filed your FAFSA for the current aid year.


FAFSA/Help Sites

Apply for financial aid at Virginia Tech by completing the Free Application for Federal Student Aid (FAFSA).

The FAFSA on the Web Worksheet allows you to read and complete the questions before entering your information online. The questions are listed in the same order that they appear on the Web site.

FAFSA4caster will help you get an early start on the financial aid process by providing you with an early estimate of your eligibility for federal student aid.