There are a few differences between SAI and EFC, such as elimination of the number of family members in college from the calculation. Previously, if a parent indicated on the FAFSA that they had ...

The EFC is calculated based on your FAFSA. Your EFC is how much your family is expected to put toward your education in a given year, and you'll get that number after you fill out the FAFSA.

The higher your EFC, the less aid you receive. So, for a family with significant assets, it is difficult to get much more in financial aid. The good news is, the $250k in retirement accounts will ...

The FAFSA application collects information about a student's family income, assets, and dependency status to calculate the Expected Family Contribution (EFC) and determine financial aid eligibility.

The Free Application for Federal Student Aid (FAFSA) has long been a crucial form for students seeking financial assistance ...