Fafsa Efc Chart 2024. The expected family contribution (efc) is the amount calculated by the federal government that shows how much your family can afford to pay each year toward your. For parents, the income protection allowance.
The fafsa will look at your school’s cost of attendance to then. Also on the department of education’s page, you can.
The Student Aid Index Is A New Way Of Calculating A Student’s Level Of Need.
Here’s the formula, plus what it does and doesn’t do.
For Example, If You Fill Out The Fafsa And Your Efc Is 5225, That Means You’ll Be Expected To Pay $5,225 Of Your Tuition Out Of Pocket.
Your efc isn’t how much you have to pay;
The Student Aid Index (Sai) Will Now Be The Number Generated After The Fafsa Is.
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The Fafsa Will Look At Your School’s Cost Of Attendance To Then.
Here’s the formula, plus what it does and doesn’t do.
Student Can List Up To 20 Schools On The Online Fafsa Application.
This calculator has been updated as of february 1, 2024, to incorporate the adjustment for inflation to the student aid index based on the federal student aid’s final sai guide.
The Expected Family Contribution (Efc) And Student Aid Index (Sai) Are Very Different In How They Are.