The Free Application for Federal Student Aid (known as the FAFSA) is a form that can be prepared annually by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.
The FAFSA should not be confused with the CSS Profile, which is also required by some colleges. The CSS is a fee-based product of the College Board and usually used by colleges to distribute their own institutional funding rather than federal or state .
Eligibility
Nearly every student is eligible for some form of financial aid. Students who may not be eligible for need-based aid may still be eligible for an unsubsidized Stafford Loan regardless of income or circumstances.
A student who can meet all of the following criteria may be eligible for aid:
Expected Family Contribution (EFC) is a term used in the college financial aid process in the United States to determine an applicant's eligibility for need-based federal student aid, and in many cases, state and institutional (college) aid. It is located on the Student Aid Report and Institutional Student Information Record sent after the Free Application for Federal Student Aid (FAFSA) is processed. It is an estimate of the parents' and/or student's ability to contribute to post-secondary education expenses. If the FAFSA has not yet been filed, there are a number of calculators on the Web (see links below) that will give a good approximation of a family's EFC.
Need-based aid has to be reapplied for each year; that is, a new FAFSA must be filed every year, the EFC is recalculated, and the financial aid possibly adjusted.
Use of the Expected Family Contribution
The federal government does not distribute aid directly to the student or the student's family; it goes through the college. Colleges use the student's federal student aid eligibility and combine it with state financial aid (if any) and their own aid to create a financial aid package (award), which is sent to the student. Generally speaking, the lower the EFC the higher the financial aid award will be. Zero is the lowest EFC number (the family cannot afford to pay anything) and 99,999 is the highest. Dependent students qualify for an automatic zero EFC if their family’s income is below $23,000 for the 2012-2013 year and they either received funding from any of the Federal Benefits programs (SSI, SNAP (formerly known as the Food Stamp program), WIC, or Free/Reduced Price Lunch) or filed 1040A, 1040EZ, or were not required to fill out a tax return, or parent is a dislocated worker.
Questions about the EFC? See how the Expected Family Contribution (EFC), or "family share," is determined at Notre Dame.
published: 06 Dec 2018
What is an expected family contribution (EFC)?
Get answers to the most frequently asked financial aid questions at Seminole State College of Florida. For additional information, visit http://www.seminolestate.edu/financial-aid
published: 27 Aug 2012
What Is Expected Family Contribution? (The EFC)
In this video, we break down what the EFC is, how it works with your school, what types of financial aid you may be offered and how the EFC may change in the future.
Ask the Edvisor®: Have a question for Elaine?
Ask the Edvisor: https://www.edvisors.com/ask/ask-the-edvisor/?utm_source=organic_video&utm_medium=YouTube&utm_campaign=asktheedvisor_24_promo
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Edvisors homepage (edvisors.com): https://www.edvisors.com/?utm_source=organic_video&utm_medium=YouTube&utm_ca...
published: 21 Apr 2022
Expected Family Contribution (EFC)
UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: https://www.youtube.com/watch?v=wlVnW61Y8DA
Learn about the Expected Family Contribution (EFC), a calculation used by colleges to determine how much a family should be able to contribute toward education expenses for one academic year based on the parents' and student's income and assets reported on the financial aid applications. To calculate your EFC, use MEFA’s EFC Calculator at https://www.mefa.org/efccalc
published: 25 Oct 2022
Understanding your Expected Family Contribution (EFC) in Financial Aid
This video discusses the role of the EFC (Expected Family Contribution) in the financial aid process for colleges in the United States. The video explains what the EFC is, briefly outlines how it is calculated, and shows via an example how it is used in conjunction with a university's cost of attendance to determine the student's financial need.
Information regarding the specific formula used to calculate a student's EFC can be found at: https://studentaid.ed.gov
Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com
To like us on Facebook, visit https://www.facebook.com/Edspira
Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is t...
published: 05 Sep 2016
Expected Family Contribution - How is it Calculated?
FREE Guide at 👉https://www.LockwoodCollegePrep.com/how2hide - Your Expected Family Contribution affects your eligibility for college student financial aid - the lower your EFC, the more grants and scholarships you can qualify for.
College consultant Andy Lockwood explains how income and college savings affects your ability to qualify for financial aid.
💻 USEFUL RESOURCES:
▸ https://www.LockwoodCollegePrep.com/
▸ https://www.LockwoodCollegePrep.com/blog
▸ https://www.youtube.com/c/AndyLockwood/
📌 Want even more college admission tips? Subscribe to This Channel:
https://www.youtube.com/c/AndyLockwood/?sub_confirmation=1
📖 Get the best-selling book on financial aid for college planning:
https://amzn.to/3xSGc7V
ABOUT LOCKWOOD COLLEGE PLANNING
==================================
Award-...
published: 14 Aug 2016
Expected Family Contribution: How is financial need determined?
Join Steve Booker, Associate Vice President & Director of Financial Aid at Rollins College as he explains how the information you and your parents submit through the Free Application for Federal Student Aid (FAFSA) determines your Expected Family Contribution, which is a number used to measure a family’s financial strength and determine aid eligibility.
To learn more about financial aid at Rollins and connect with a financial aid counselor, visit https://www.rollins.edu/scholarships-aid.
Any remaining questions? Reach out to our team at [email protected].
Quick access to FAFSA: https://studentaid.gov/h/apply-for-aid/fafsa
published: 22 Feb 2022
5 FAFSA Tips That Will Reduce Your EFC
Here are 5 FAFSA Tips that will reduce your expected family contribution (EFC) And help you get more financial aid!
To set up a FREE 10 minute discovery call with me to learn more about my programs and services click here,
https://go.thryv.com/site/fafsaguru/online-scheduling?service=pm37vctcriiqgbzu
________________________________
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors) is open! 🙌
This virtual program runs every year from September 1st and runs through May 31st.
It's not to late to join, enrollment is open through December of each year!
There are three different levels of service in the Academy for you to choose from, depending on how closely you want to work with me throughout the senior year financial aid process.
✨BA...
published: 03 Dec 2022
Questions About The Student Aid Index And Financial Aid Eligibility
Next week, we're diving deep into The Student Aid Index (SAI) and its impact on financial aid eligibility.
There’s a lot of confusion around the SAI and how it affects your child’s access to financial aid.
This is one of the most important factors in the entire college funding process, and understanding it can significantly reduce the cost of college.
Stay tuned for the full breakdown next week. And if you want to get ahead of the game, head over to CollegeMoneyAcademy.com to access all the resources you need to understand the financial aid system and maximize your savings.
#StudentAidIndex #FinancialAidEligibility #CollegeFunding #CollegeMoneyAcademy #FinancialAidTips #CollegeCostReduction
published: 24 Nov 2024
What does the EFC (Expected Family Contribution) mean?
The EFC is the amount of money you are expected to contribute towards college after you submit a FAFSA. The government determines what you can contribute towards your child’s education for the school year based on all the information you provided on the FAFSA. This is also what college financial aid offices use to determine what your financial aid package is going to be.
*
*
*
The FAFSA Guru has spent 30+ years working in higher education, helping thousands of students find the financial aid they need to make college a reality. She knows exactly what you need to do to maximize your funding and minimize your debt.
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors graduating in 2023) is open! 🙌
This virtual program begins September 1st 2022 ...
Get answers to the most frequently asked financial aid questions at Seminole State College of Florida. For additional information, visit http://www.seminolestat...
Get answers to the most frequently asked financial aid questions at Seminole State College of Florida. For additional information, visit http://www.seminolestate.edu/financial-aid
Get answers to the most frequently asked financial aid questions at Seminole State College of Florida. For additional information, visit http://www.seminolestate.edu/financial-aid
In this video, we break down what the EFC is, how it works with your school, what types of financial aid you may be offered and how the EFC may change in the fu...
In this video, we break down what the EFC is, how it works with your school, what types of financial aid you may be offered and how the EFC may change in the future.
Ask the Edvisor®: Have a question for Elaine?
Ask the Edvisor: https://www.edvisors.com/ask/ask-the-edvisor/?utm_source=organic_video&utm_medium=YouTube&utm_campaign=asktheedvisor_24_promo
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#ExpectedFamilyContribution #EFC #FAFSA
In this video, we break down what the EFC is, how it works with your school, what types of financial aid you may be offered and how the EFC may change in the future.
Ask the Edvisor®: Have a question for Elaine?
Ask the Edvisor: https://www.edvisors.com/ask/ask-the-edvisor/?utm_source=organic_video&utm_medium=YouTube&utm_campaign=asktheedvisor_24_promo
Edvisors $1,000 Scholarship: https://www.edvisors.com/monthly-scholarship/?utm_source=organic_video&utm_medium=YouTube&utm_campaign=edvisors_1k_scholarship_24_promo
Edvisor Repayment Relief: https://www.edvisors.com/repayment-relief/?utm_source=organic_video&utm_medium=YouTube&utm_campaign=edvisors_repayment_relief_24_promo
Edvisors homepage (edvisors.com): https://www.edvisors.com/?utm_source=organic_video&utm_medium=YouTube&utm_campaign=edvisors_homepage_24_promo
Choose the best loan option: https://www.edvisors.com/apply?utm_source=organic_video&utm_medium=YouTube&utm_campaign=edvisors_compare_wall_24_promo
FOLLOW US:
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OUR WEBSITES:
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http://www.scholarshippoints.com
FREE RESOURCES:
Student Loan Handbook: https://www.edvisors.com/student-loans/student-loan-handbook/
#ExpectedFamilyContribution #EFC #FAFSA
UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: https://www.youtube.com/wa...
UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: https://www.youtube.com/watch?v=wlVnW61Y8DA
Learn about the Expected Family Contribution (EFC), a calculation used by colleges to determine how much a family should be able to contribute toward education expenses for one academic year based on the parents' and student's income and assets reported on the financial aid applications. To calculate your EFC, use MEFA’s EFC Calculator at https://www.mefa.org/efccalc
UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: https://www.youtube.com/watch?v=wlVnW61Y8DA
Learn about the Expected Family Contribution (EFC), a calculation used by colleges to determine how much a family should be able to contribute toward education expenses for one academic year based on the parents' and student's income and assets reported on the financial aid applications. To calculate your EFC, use MEFA’s EFC Calculator at https://www.mefa.org/efccalc
This video discusses the role of the EFC (Expected Family Contribution) in the financial aid process for colleges in the United States. The video explains what...
This video discusses the role of the EFC (Expected Family Contribution) in the financial aid process for colleges in the United States. The video explains what the EFC is, briefly outlines how it is calculated, and shows via an example how it is used in conjunction with a university's cost of attendance to determine the student's financial need.
Information regarding the specific formula used to calculate a student's EFC can be found at: https://studentaid.ed.gov
Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com
To like us on Facebook, visit https://www.facebook.com/Edspira
Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com
To follow Michael on Facebook, visit
https://facebook.com/Prof.Michael.McLaughlin
To follow Michael on Twitter, visit
https://twitter.com/Prof_McLaughlin
This video was funded by a Civic Engagement Fund grant from the Gephardt Institute for Civic and Community Engagement at Washington University in St. Louis.—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
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This video discusses the role of the EFC (Expected Family Contribution) in the financial aid process for colleges in the United States. The video explains what the EFC is, briefly outlines how it is calculated, and shows via an example how it is used in conjunction with a university's cost of attendance to determine the student's financial need.
Information regarding the specific formula used to calculate a student's EFC can be found at: https://studentaid.ed.gov
Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com
To like us on Facebook, visit https://www.facebook.com/Edspira
Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com
To follow Michael on Facebook, visit
https://facebook.com/Prof.Michael.McLaughlin
To follow Michael on Twitter, visit
https://twitter.com/Prof_McLaughlin
This video was funded by a Civic Engagement Fund grant from the Gephardt Institute for Civic and Community Engagement at Washington University in St. Louis.—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*https://www.patreon.com/prof_mclaughlin
—
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/
—
GET TAX TIPS ON TIKTOK
* https://www.tiktok.com/@prof_mclaughlin
—
ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index
—
CONNECT WITH EDSPIRA
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—
ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com
FREE Guide at 👉https://www.LockwoodCollegePrep.com/how2hide - Your Expected Family Contribution affects your eligibility for college student financial aid - the...
FREE Guide at 👉https://www.LockwoodCollegePrep.com/how2hide - Your Expected Family Contribution affects your eligibility for college student financial aid - the lower your EFC, the more grants and scholarships you can qualify for.
College consultant Andy Lockwood explains how income and college savings affects your ability to qualify for financial aid.
💻 USEFUL RESOURCES:
▸ https://www.LockwoodCollegePrep.com/
▸ https://www.LockwoodCollegePrep.com/blog
▸ https://www.youtube.com/c/AndyLockwood/
📌 Want even more college admission tips? Subscribe to This Channel:
https://www.youtube.com/c/AndyLockwood/?sub_confirmation=1
📖 Get the best-selling book on financial aid for college planning:
https://amzn.to/3xSGc7V
ABOUT LOCKWOOD COLLEGE PLANNING
==================================
Award-winning college consultants Andy and Pearl Lockwood are leading experts at getting students into their dream school, college or university, at discount tuition prices. That includes financial aid, college applications & admissions, scholarships, merit scholarships, merit aid, FAFSA, Ivy League, the business of college, and well, you get the idea.
Andy coaches college-bound teens in choosing majors & careers, planning into a college list, then strategizing how to maximize chances of admission. He also helps families eligible for financial aid or scholarships, and negotiates with colleges for more money. He's the author of "How to Negotiate Your Crappy Financial Aid and Merit Aid Offer."
Pearl handles the entire process of filing the FAFSA, CSS Profile, and other reaaaally long boring financial aid forms, and responds to incessant, annoying requests from college financial aid offices.
✉️ Business inquiries: [email protected]
🖥️ Website: https://www.LockwoodCollegePrep.com
☎️ Call: 1-516-882-5464
__________
👉🏻 Did you enjoy this video? Please share your thoughts and opinions in the comments below - we love hearing from you! Also, we appreciate it when you share these videos with your friends who are interested in college planning.
#collegeplanning #collegefinancialaid #fafsa #cssprofile
FREE Guide at 👉https://www.LockwoodCollegePrep.com/how2hide - Your Expected Family Contribution affects your eligibility for college student financial aid - the lower your EFC, the more grants and scholarships you can qualify for.
College consultant Andy Lockwood explains how income and college savings affects your ability to qualify for financial aid.
💻 USEFUL RESOURCES:
▸ https://www.LockwoodCollegePrep.com/
▸ https://www.LockwoodCollegePrep.com/blog
▸ https://www.youtube.com/c/AndyLockwood/
📌 Want even more college admission tips? Subscribe to This Channel:
https://www.youtube.com/c/AndyLockwood/?sub_confirmation=1
📖 Get the best-selling book on financial aid for college planning:
https://amzn.to/3xSGc7V
ABOUT LOCKWOOD COLLEGE PLANNING
==================================
Award-winning college consultants Andy and Pearl Lockwood are leading experts at getting students into their dream school, college or university, at discount tuition prices. That includes financial aid, college applications & admissions, scholarships, merit scholarships, merit aid, FAFSA, Ivy League, the business of college, and well, you get the idea.
Andy coaches college-bound teens in choosing majors & careers, planning into a college list, then strategizing how to maximize chances of admission. He also helps families eligible for financial aid or scholarships, and negotiates with colleges for more money. He's the author of "How to Negotiate Your Crappy Financial Aid and Merit Aid Offer."
Pearl handles the entire process of filing the FAFSA, CSS Profile, and other reaaaally long boring financial aid forms, and responds to incessant, annoying requests from college financial aid offices.
✉️ Business inquiries: [email protected]
🖥️ Website: https://www.LockwoodCollegePrep.com
☎️ Call: 1-516-882-5464
__________
👉🏻 Did you enjoy this video? Please share your thoughts and opinions in the comments below - we love hearing from you! Also, we appreciate it when you share these videos with your friends who are interested in college planning.
#collegeplanning #collegefinancialaid #fafsa #cssprofile
Join Steve Booker, Associate Vice President & Director of Financial Aid at Rollins College as he explains how the information you and your parents submit throug...
Join Steve Booker, Associate Vice President & Director of Financial Aid at Rollins College as he explains how the information you and your parents submit through the Free Application for Federal Student Aid (FAFSA) determines your Expected Family Contribution, which is a number used to measure a family’s financial strength and determine aid eligibility.
To learn more about financial aid at Rollins and connect with a financial aid counselor, visit https://www.rollins.edu/scholarships-aid.
Any remaining questions? Reach out to our team at [email protected].
Quick access to FAFSA: https://studentaid.gov/h/apply-for-aid/fafsa
Join Steve Booker, Associate Vice President & Director of Financial Aid at Rollins College as he explains how the information you and your parents submit through the Free Application for Federal Student Aid (FAFSA) determines your Expected Family Contribution, which is a number used to measure a family’s financial strength and determine aid eligibility.
To learn more about financial aid at Rollins and connect with a financial aid counselor, visit https://www.rollins.edu/scholarships-aid.
Any remaining questions? Reach out to our team at [email protected].
Quick access to FAFSA: https://studentaid.gov/h/apply-for-aid/fafsa
Here are 5 FAFSA Tips that will reduce your expected family contribution (EFC) And help you get more financial aid!
To set up a FREE 10 minute discovery call ...
Here are 5 FAFSA Tips that will reduce your expected family contribution (EFC) And help you get more financial aid!
To set up a FREE 10 minute discovery call with me to learn more about my programs and services click here,
https://go.thryv.com/site/fafsaguru/online-scheduling?service=pm37vctcriiqgbzu
________________________________
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors) is open! 🙌
This virtual program runs every year from September 1st and runs through May 31st.
It's not to late to join, enrollment is open through December of each year!
There are three different levels of service in the Academy for you to choose from, depending on how closely you want to work with me throughout the senior year financial aid process.
✨BASIC, PLUS and PRO.
Last year the PLUS and PRO levels filled up and I had to cut off registration early as I limit the number of families in these levels so that I can provide quality services to them.
___________________
How The Financial Aid Academy was born. 🤩
When I started this business I quickly realized that 90% of my clients and people reaching out to me for questions were parents of high school seniors navigating the overwhelming financial aid process for the first time.
Often times they came to me in sheer panic 😫when the financial aid offers rolled out not knowing how they were going to afford college tuition.
_________________
So I set out to create an AFFORDABLE coaching program specifically for them that spanned the entire senior year to help them:
✅ Get prepared before that time came so there were no surprises
✅ Better understand the financial aid process and feel less stressed navigating it
✅ Fill out the FAFSA and CSS Profile (if required) correctly and avoid common mistakes that could cost them thousands of dollars
✅ Stay on track and not miss important deadlines
✅ Find colleges their families could
✅ Access all the financial aid they are entitled to
✅ Maximize their financial aid offers
✅ Feel more secure and confident while having direct access to a professional who has worked in the financial aid field for over 30 years.
I have helped hundreds of families navigate the overwhelming financial aid process and get the best aid offers possible through my Financial Aid Academy.
On average, families who enroll in the Academy receive an additional $25,000 in financial aid over the course of 4 years on top of their regular financial aid offers! 💰
Click the link below to learn more.
https://www.thefafsaguru.com/fafsa-financial-aid-academy/
If you're looking for a shorter program where you can learn everything you need to know about financial aid and how to maximize your aid offers then check out my Financial Aid 101 MasterClass!
This course is set up in easy to digest sections and designed for you to move along at your own pace.
Head over to thefafsaguru.com and click on Financial Aid 101 MasterClass at the top of the page to learn more!
To get in touch with me directly email me at [email protected]
To set up a one on one consultation with me click here, https://go.thryv.com/site/fafsaguru/online-scheduling?category=5t4n647ff1zcc2bf
Here are 5 FAFSA Tips that will reduce your expected family contribution (EFC) And help you get more financial aid!
To set up a FREE 10 minute discovery call with me to learn more about my programs and services click here,
https://go.thryv.com/site/fafsaguru/online-scheduling?service=pm37vctcriiqgbzu
________________________________
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors) is open! 🙌
This virtual program runs every year from September 1st and runs through May 31st.
It's not to late to join, enrollment is open through December of each year!
There are three different levels of service in the Academy for you to choose from, depending on how closely you want to work with me throughout the senior year financial aid process.
✨BASIC, PLUS and PRO.
Last year the PLUS and PRO levels filled up and I had to cut off registration early as I limit the number of families in these levels so that I can provide quality services to them.
___________________
How The Financial Aid Academy was born. 🤩
When I started this business I quickly realized that 90% of my clients and people reaching out to me for questions were parents of high school seniors navigating the overwhelming financial aid process for the first time.
Often times they came to me in sheer panic 😫when the financial aid offers rolled out not knowing how they were going to afford college tuition.
_________________
So I set out to create an AFFORDABLE coaching program specifically for them that spanned the entire senior year to help them:
✅ Get prepared before that time came so there were no surprises
✅ Better understand the financial aid process and feel less stressed navigating it
✅ Fill out the FAFSA and CSS Profile (if required) correctly and avoid common mistakes that could cost them thousands of dollars
✅ Stay on track and not miss important deadlines
✅ Find colleges their families could
✅ Access all the financial aid they are entitled to
✅ Maximize their financial aid offers
✅ Feel more secure and confident while having direct access to a professional who has worked in the financial aid field for over 30 years.
I have helped hundreds of families navigate the overwhelming financial aid process and get the best aid offers possible through my Financial Aid Academy.
On average, families who enroll in the Academy receive an additional $25,000 in financial aid over the course of 4 years on top of their regular financial aid offers! 💰
Click the link below to learn more.
https://www.thefafsaguru.com/fafsa-financial-aid-academy/
If you're looking for a shorter program where you can learn everything you need to know about financial aid and how to maximize your aid offers then check out my Financial Aid 101 MasterClass!
This course is set up in easy to digest sections and designed for you to move along at your own pace.
Head over to thefafsaguru.com and click on Financial Aid 101 MasterClass at the top of the page to learn more!
To get in touch with me directly email me at [email protected]
To set up a one on one consultation with me click here, https://go.thryv.com/site/fafsaguru/online-scheduling?category=5t4n647ff1zcc2bf
Next week, we're diving deep into The Student Aid Index (SAI) and its impact on financial aid eligibility.
There’s a lot of confusion around the SAI and how i...
Next week, we're diving deep into The Student Aid Index (SAI) and its impact on financial aid eligibility.
There’s a lot of confusion around the SAI and how it affects your child’s access to financial aid.
This is one of the most important factors in the entire college funding process, and understanding it can significantly reduce the cost of college.
Stay tuned for the full breakdown next week. And if you want to get ahead of the game, head over to CollegeMoneyAcademy.com to access all the resources you need to understand the financial aid system and maximize your savings.
#StudentAidIndex #FinancialAidEligibility #CollegeFunding #CollegeMoneyAcademy #FinancialAidTips #CollegeCostReduction
Next week, we're diving deep into The Student Aid Index (SAI) and its impact on financial aid eligibility.
There’s a lot of confusion around the SAI and how it affects your child’s access to financial aid.
This is one of the most important factors in the entire college funding process, and understanding it can significantly reduce the cost of college.
Stay tuned for the full breakdown next week. And if you want to get ahead of the game, head over to CollegeMoneyAcademy.com to access all the resources you need to understand the financial aid system and maximize your savings.
#StudentAidIndex #FinancialAidEligibility #CollegeFunding #CollegeMoneyAcademy #FinancialAidTips #CollegeCostReduction
The EFC is the amount of money you are expected to contribute towards college after you submit a FAFSA. The government determines what you can contribute toward...
The EFC is the amount of money you are expected to contribute towards college after you submit a FAFSA. The government determines what you can contribute towards your child’s education for the school year based on all the information you provided on the FAFSA. This is also what college financial aid offices use to determine what your financial aid package is going to be.
*
*
*
The FAFSA Guru has spent 30+ years working in higher education, helping thousands of students find the financial aid they need to make college a reality. She knows exactly what you need to do to maximize your funding and minimize your debt.
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors graduating in 2023) is open! 🙌
This virtual program begins September 1st 2022 and runs through May 31st 2023. But spots will fill up fast!
There are three different levels of service in the Academy for you to choose from, depending on how closely you want to work with me throughout the senior year financial aid process.
✨BASIC, PLUS and PRO.
Last year the PLUS and PRO levels filled up and I had to cut off registration early as I limit the number of families in these levels so that I can provide quality services to them.
___________________
How The Financial Aid Academy was born. 🤩
When I started this business I quickly realized that 90% of my clients and people reaching out to me for questions were parents of high school seniors navigating the overwhelming financial aid process for the first time.
Often times they came to me in sheer panic 😫when the financial aid offers rolled out not knowing how they were going to afford college tuition.
_________________
So I set out to create an AFFORDABLE coaching program specifically for them that spanned the entire senior year to help them:
✅ Get prepared before that time came so there were no surprises
✅ Better understand the financial aid process and feel less stressed navigating it
✅ Fill out the FAFSA and CSS Profile (if required) correctly and avoid common mistakes that could cost them thousands of dollars
✅ Stay on track and not miss important deadlines
✅ Find colleges their families could
✅ Access all the financial aid they are entitled to
✅ Maximize their financial aid offers
✅ Feel more secure and confident while having direct access to a professional who has worked in the financial aid field for over 30 years.
I have helped hundreds of families navigate the overwhelming financial aid process and get the best aid offers possible through my Financial Aid Academy.
On average, families who enroll in the Academy receive an additional $25,000 in financial aid over the course of 4 years on top of their regular financial aid offers! 💰
Click the link below to learn more.
https://www.thefafsaguru.com/fafsa-financial-aid-academy/
The EFC is the amount of money you are expected to contribute towards college after you submit a FAFSA. The government determines what you can contribute towards your child’s education for the school year based on all the information you provided on the FAFSA. This is also what college financial aid offices use to determine what your financial aid package is going to be.
*
*
*
The FAFSA Guru has spent 30+ years working in higher education, helping thousands of students find the financial aid they need to make college a reality. She knows exactly what you need to do to maximize your funding and minimize your debt.
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors graduating in 2023) is open! 🙌
This virtual program begins September 1st 2022 and runs through May 31st 2023. But spots will fill up fast!
There are three different levels of service in the Academy for you to choose from, depending on how closely you want to work with me throughout the senior year financial aid process.
✨BASIC, PLUS and PRO.
Last year the PLUS and PRO levels filled up and I had to cut off registration early as I limit the number of families in these levels so that I can provide quality services to them.
___________________
How The Financial Aid Academy was born. 🤩
When I started this business I quickly realized that 90% of my clients and people reaching out to me for questions were parents of high school seniors navigating the overwhelming financial aid process for the first time.
Often times they came to me in sheer panic 😫when the financial aid offers rolled out not knowing how they were going to afford college tuition.
_________________
So I set out to create an AFFORDABLE coaching program specifically for them that spanned the entire senior year to help them:
✅ Get prepared before that time came so there were no surprises
✅ Better understand the financial aid process and feel less stressed navigating it
✅ Fill out the FAFSA and CSS Profile (if required) correctly and avoid common mistakes that could cost them thousands of dollars
✅ Stay on track and not miss important deadlines
✅ Find colleges their families could
✅ Access all the financial aid they are entitled to
✅ Maximize their financial aid offers
✅ Feel more secure and confident while having direct access to a professional who has worked in the financial aid field for over 30 years.
I have helped hundreds of families navigate the overwhelming financial aid process and get the best aid offers possible through my Financial Aid Academy.
On average, families who enroll in the Academy receive an additional $25,000 in financial aid over the course of 4 years on top of their regular financial aid offers! 💰
Click the link below to learn more.
https://www.thefafsaguru.com/fafsa-financial-aid-academy/
Get answers to the most frequently asked financial aid questions at Seminole State College of Florida. For additional information, visit http://www.seminolestate.edu/financial-aid
In this video, we break down what the EFC is, how it works with your school, what types of financial aid you may be offered and how the EFC may change in the future.
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#ExpectedFamilyContribution #EFC #FAFSA
UPDATE: As of the 2024-25 FAFSA, the EFC (Expected Family Contribution) is now the SAI (Student Aid Index). Learn about the SAI here: https://www.youtube.com/watch?v=wlVnW61Y8DA
Learn about the Expected Family Contribution (EFC), a calculation used by colleges to determine how much a family should be able to contribute toward education expenses for one academic year based on the parents' and student's income and assets reported on the financial aid applications. To calculate your EFC, use MEFA’s EFC Calculator at https://www.mefa.org/efccalc
This video discusses the role of the EFC (Expected Family Contribution) in the financial aid process for colleges in the United States. The video explains what the EFC is, briefly outlines how it is calculated, and shows via an example how it is used in conjunction with a university's cost of attendance to determine the student's financial need.
Information regarding the specific formula used to calculate a student's EFC can be found at: https://studentaid.ed.gov
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Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com
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This video was funded by a Civic Engagement Fund grant from the Gephardt Institute for Civic and Community Engagement at Washington University in St. Louis.—
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FREE Guide at 👉https://www.LockwoodCollegePrep.com/how2hide - Your Expected Family Contribution affects your eligibility for college student financial aid - the lower your EFC, the more grants and scholarships you can qualify for.
College consultant Andy Lockwood explains how income and college savings affects your ability to qualify for financial aid.
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ABOUT LOCKWOOD COLLEGE PLANNING
==================================
Award-winning college consultants Andy and Pearl Lockwood are leading experts at getting students into their dream school, college or university, at discount tuition prices. That includes financial aid, college applications & admissions, scholarships, merit scholarships, merit aid, FAFSA, Ivy League, the business of college, and well, you get the idea.
Andy coaches college-bound teens in choosing majors & careers, planning into a college list, then strategizing how to maximize chances of admission. He also helps families eligible for financial aid or scholarships, and negotiates with colleges for more money. He's the author of "How to Negotiate Your Crappy Financial Aid and Merit Aid Offer."
Pearl handles the entire process of filing the FAFSA, CSS Profile, and other reaaaally long boring financial aid forms, and responds to incessant, annoying requests from college financial aid offices.
✉️ Business inquiries: [email protected]
🖥️ Website: https://www.LockwoodCollegePrep.com
☎️ Call: 1-516-882-5464
__________
👉🏻 Did you enjoy this video? Please share your thoughts and opinions in the comments below - we love hearing from you! Also, we appreciate it when you share these videos with your friends who are interested in college planning.
#collegeplanning #collegefinancialaid #fafsa #cssprofile
Join Steve Booker, Associate Vice President & Director of Financial Aid at Rollins College as he explains how the information you and your parents submit through the Free Application for Federal Student Aid (FAFSA) determines your Expected Family Contribution, which is a number used to measure a family’s financial strength and determine aid eligibility.
To learn more about financial aid at Rollins and connect with a financial aid counselor, visit https://www.rollins.edu/scholarships-aid.
Any remaining questions? Reach out to our team at [email protected].
Quick access to FAFSA: https://studentaid.gov/h/apply-for-aid/fafsa
Here are 5 FAFSA Tips that will reduce your expected family contribution (EFC) And help you get more financial aid!
To set up a FREE 10 minute discovery call with me to learn more about my programs and services click here,
https://go.thryv.com/site/fafsaguru/online-scheduling?service=pm37vctcriiqgbzu
________________________________
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors) is open! 🙌
This virtual program runs every year from September 1st and runs through May 31st.
It's not to late to join, enrollment is open through December of each year!
There are three different levels of service in the Academy for you to choose from, depending on how closely you want to work with me throughout the senior year financial aid process.
✨BASIC, PLUS and PRO.
Last year the PLUS and PRO levels filled up and I had to cut off registration early as I limit the number of families in these levels so that I can provide quality services to them.
___________________
How The Financial Aid Academy was born. 🤩
When I started this business I quickly realized that 90% of my clients and people reaching out to me for questions were parents of high school seniors navigating the overwhelming financial aid process for the first time.
Often times they came to me in sheer panic 😫when the financial aid offers rolled out not knowing how they were going to afford college tuition.
_________________
So I set out to create an AFFORDABLE coaching program specifically for them that spanned the entire senior year to help them:
✅ Get prepared before that time came so there were no surprises
✅ Better understand the financial aid process and feel less stressed navigating it
✅ Fill out the FAFSA and CSS Profile (if required) correctly and avoid common mistakes that could cost them thousands of dollars
✅ Stay on track and not miss important deadlines
✅ Find colleges their families could
✅ Access all the financial aid they are entitled to
✅ Maximize their financial aid offers
✅ Feel more secure and confident while having direct access to a professional who has worked in the financial aid field for over 30 years.
I have helped hundreds of families navigate the overwhelming financial aid process and get the best aid offers possible through my Financial Aid Academy.
On average, families who enroll in the Academy receive an additional $25,000 in financial aid over the course of 4 years on top of their regular financial aid offers! 💰
Click the link below to learn more.
https://www.thefafsaguru.com/fafsa-financial-aid-academy/
If you're looking for a shorter program where you can learn everything you need to know about financial aid and how to maximize your aid offers then check out my Financial Aid 101 MasterClass!
This course is set up in easy to digest sections and designed for you to move along at your own pace.
Head over to thefafsaguru.com and click on Financial Aid 101 MasterClass at the top of the page to learn more!
To get in touch with me directly email me at [email protected]
To set up a one on one consultation with me click here, https://go.thryv.com/site/fafsaguru/online-scheduling?category=5t4n647ff1zcc2bf
Next week, we're diving deep into The Student Aid Index (SAI) and its impact on financial aid eligibility.
There’s a lot of confusion around the SAI and how it affects your child’s access to financial aid.
This is one of the most important factors in the entire college funding process, and understanding it can significantly reduce the cost of college.
Stay tuned for the full breakdown next week. And if you want to get ahead of the game, head over to CollegeMoneyAcademy.com to access all the resources you need to understand the financial aid system and maximize your savings.
#StudentAidIndex #FinancialAidEligibility #CollegeFunding #CollegeMoneyAcademy #FinancialAidTips #CollegeCostReduction
The EFC is the amount of money you are expected to contribute towards college after you submit a FAFSA. The government determines what you can contribute towards your child’s education for the school year based on all the information you provided on the FAFSA. This is also what college financial aid offices use to determine what your financial aid package is going to be.
*
*
*
The FAFSA Guru has spent 30+ years working in higher education, helping thousands of students find the financial aid they need to make college a reality. She knows exactly what you need to do to maximize your funding and minimize your debt.
Registration for my Financial Aid Academy for the 22/23 year (for parents of high school seniors graduating in 2023) is open! 🙌
This virtual program begins September 1st 2022 and runs through May 31st 2023. But spots will fill up fast!
There are three different levels of service in the Academy for you to choose from, depending on how closely you want to work with me throughout the senior year financial aid process.
✨BASIC, PLUS and PRO.
Last year the PLUS and PRO levels filled up and I had to cut off registration early as I limit the number of families in these levels so that I can provide quality services to them.
___________________
How The Financial Aid Academy was born. 🤩
When I started this business I quickly realized that 90% of my clients and people reaching out to me for questions were parents of high school seniors navigating the overwhelming financial aid process for the first time.
Often times they came to me in sheer panic 😫when the financial aid offers rolled out not knowing how they were going to afford college tuition.
_________________
So I set out to create an AFFORDABLE coaching program specifically for them that spanned the entire senior year to help them:
✅ Get prepared before that time came so there were no surprises
✅ Better understand the financial aid process and feel less stressed navigating it
✅ Fill out the FAFSA and CSS Profile (if required) correctly and avoid common mistakes that could cost them thousands of dollars
✅ Stay on track and not miss important deadlines
✅ Find colleges their families could
✅ Access all the financial aid they are entitled to
✅ Maximize their financial aid offers
✅ Feel more secure and confident while having direct access to a professional who has worked in the financial aid field for over 30 years.
I have helped hundreds of families navigate the overwhelming financial aid process and get the best aid offers possible through my Financial Aid Academy.
On average, families who enroll in the Academy receive an additional $25,000 in financial aid over the course of 4 years on top of their regular financial aid offers! 💰
Click the link below to learn more.
https://www.thefafsaguru.com/fafsa-financial-aid-academy/
The Free Application for Federal Student Aid (known as the FAFSA) is a form that can be prepared annually by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.
The FAFSA should not be confused with the CSS Profile, which is also required by some colleges. The CSS is a fee-based product of the College Board and usually used by colleges to distribute their own institutional funding rather than federal or state .
Eligibility
Nearly every student is eligible for some form of financial aid. Students who may not be eligible for need-based aid may still be eligible for an unsubsidized Stafford Loan regardless of income or circumstances.
A student who can meet all of the following criteria may be eligible for aid: