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What does it mean if EFC is 280?

Updated: 9/21/2023
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12y ago

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EFC stands for Estimated Family Contribution. An EFC of 280, means that the government is expecting your family to be able to contribute 280 dollars to your education. Scholarships and Financial Aid offices base the amount of money they give you on this number. The lower the number the more financial aid you can receive.

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What does 0000 EFC mean on your FAFSA?

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An EFC number is the "expected family contribution", or the amount a family is expected to pay for their student's college education. It short, the EFC has an effect on how much federal grant money you will be given for college expenses.


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280 Mean, which is the same as average, is the sum of the numbers divided by the quantity of the numbers: (280 + 280 + 250 + 320 + 270) ÷ 5


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What does it mean if your efc number is 00114 on your fafsa?

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 the amount of federal student aid you are eligible to receive.Typically, the lower your EFC, the more financial aid you will receive.Once you know your EFC, you can estimate the amount of financial aid you are eligible for at any college: Simply subtract your EFC from the college's total cost of attendance. Once you know how much financial aid you may receive, you can begin to compare the cost of attending different colleges.


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