Knowing your Expected Family Contribution is the first step in understanding how much college will cost.
Your Expected Family Contribution is the amount your family will be expected to contribute toward your college costs. Colleges use the EFC to determine how much financial aid you are eligible for and to develop your financial aid package.
Once you know your EFC, you can estimate the amount of financial aid you are eligible for at any college: Simply subtract your EFC from the college's total cost of attendance. Once you know how much financial aid you may receive, you can begin to compare the cost of attending different colleges.
You may be surprised at what you learn! College A may cost more to attend than College B — but you may be eligible for more financial aid at College A, making it as affordable as College B!