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How do you calculate expected family contribution?

The student’s need is calculated by subtracting the EFC from the school’s cost of attendance. The Expected Family Contribution is calculated using a combination of the parents’ and child’s income and assets.

What is a good Expected Family Contribution?

The expected family contribution is calculated from several sources of income: both taxed and untaxed direct income, such as those from a job, assets such as homes and property or savings/stocks; and benefit income such as unemployment or state assistance. The expected family contribution is then used to determine financial aid eligibility.

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