efc

How Expected Family Contribution Affects Financial Aid

Mother and daughter checking EFC.

Every parent wants their child to
be accepted by the school of their dreams and to have the ability to pay for
it. For most families, cost is a huge factor in choosing a college. Figuring
out how to pay for higher education can be confusing. That’s because there are
many factors to consider, including how much it will cost to attend each school
and how much your family can afford to pay. Understand the Expected Family
Contributing (EFC) is important in this process.