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An Expected Family Contribution (EFC) of 002572 typically represents a contribution of $2,572 towards a student's college expenses for a given academic year. This figure is used by colleges and universities to determine a student's financial aid eligibility. The lower the EFC, the greater the financial need, potentially leading to more aid options.

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What does it mean if EFC is 280?

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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EFC stands for expected family contribution. Having an EFC of 0 just means that your family is expected to contribute $0 towards your education. It means you'll get more aid.


Is it better to have a lower or higher EFC number?

! Your EFC (estimated family contribution) number is used to determine your eligibility for federally sponsored financial aid. The university will subtract your EFC number from the total cost of attending that school to determine how much aid you should receive. Generally, the lower your EFC number, the more financial aid you will be eligible to receive. Source: http://www.salliemae.com/get_student_loan/apply_student_loan/understanding/efc/


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