Expected family contribution or “EFC” means the amount of money the U.S. Department of Education expects a student and the student’s family to contribute to the student’s school costs for a school year. The EFC is calculated by the U.S. Department of Education when a student completes the Free Application for Federal Student Aid (FAFSA) and is shown at the top of a student’s Institutional Student Information Record
Expected family contribution. The amount the student and the student's family may be reasonably expected to contribute toward the student's postsecondary education. Expected Family Contribution is defined at section 474 of the HEA (20 USC 1087nn).
Expected family contribution means the amount that a student and his family are expected to contribute toward the cost of the student's education determined by applying methodology set forth in 20 U.S.C. sec. 1087 kk to 1087 vv;
Examples of Expected family contribution in a sentence
To receive Local Business Designation of any sub-contractor amounts included in its bid, a business must certify the accuracy of the contents of the sub-contractor’s Local Business Designation application submitted pursuant to this Section.
Expected family contribution (EFC)” means the dollar amount that an applicant and his or her spouse and/or the parents are expected to contribute to the costs of education.
The primary people gathering these resources are members of the Leech Lake Band of Ojibwe.
Expected family contribution is calculated by the FAFSA processor.
Expected family contribution is the result of information each family supplies on the Free Application for Federal Student Aid (FAFSA).
More Definitions of Expected family contribution
Expected family contribution or “EFC” means the amount of financial support a student’s family is expected to contribute to post-secondary education expenses. The EFC is determined by the federal methodology needs analysis formula utilizing information provided on a student’s Free Application for Federal Student Aid (“FAFSA”).
Expected family contribution or "EFC" means the amount a student and the student's family is expected to contribute toward the cost of college attendance. The EFC is calculated using information provided on the Free Application for Federal Student Aid. The institution may exercise professional judgment to adjust the student's EFC, as permitted under federal law, based on factors that affect the family's ability to pay.
Expected family contribution means the measure of a student's or a family's ability to contribute to the cost of education from the student's or the family's financial resources. An expected family contribution for these purposes shall be calculated by means of a federally approved need analysis formula designated by the chancellor.
Expected family contribution means the amount that a student and his family are expected to contribute toward the cost of the student's education determined by applying the federal methodology established in 20 U.S.C. 1087kk through 1087vv to the information that the student and his family provided on the application.
Expected family contribution. (EFC) means, the number that is designated as the EFC on the Student Aid Report (SAR) issued by the U.S. Department of Education Central Processing System to the Student of the applicable academic period and certified by the financial aid office of the Participating School on the Loan Application/Promissory Note.
Expected family contribution means a student’s expected family contribution calculated according to the federal methodology pursuant to subdivision (a) of Section 69506 as established by Title IV of the federal Higher Education Act of 1965, as amended (20 U.S.C. Sec. 1070 et seq.).
Expected family contribution means the amount an applicant and his or her spouse and family are expected to contribute toward the applicant's cost of attendance as described in Part F of Title IV of the Higher Education Act which is hereby incorporated by reference.