I'd recommend starting this fall with the College Board's Estimated Family Contribution
"We may decide you focus on the neediest of the needy," Chavez said, suggesting the new estimated family contribution
limit might be $2,000 or even zero.
The minimum input data elements from the ED template that must be included in any alternative solution are those that approximate the student's Estimated Family Contribution
(EFC), such as income, number in family, and dependency status or factors that estimate dependency status.
The form also adds "dislocated worker" to the list of criteria that could qualify an applicant for the Simplified Needs Test or Automatic Zero Estimated Family Contribution
At IHEs where students participate in co-op programs, the new law excludes any income earned from work in these programs when calculating the estimated family contribution
Ultimately, Pell Grant awards and other forms of financial aid a student receives are based on this contribution, also known as the estimated family contribution
, or EFC.