If a student is enrolled in an approved CTP, then he or she is able to complete the FAFSA to determine the Expected Family Contribution
(EFC) just like his or her neurotypical peers.
Specifically, families filling out a 1040A or 1040EZ tax form--rather than the standard 1040 form--can more easily qualify for an automatic zero expected family contribution
The shock isn't mitigated by the assurance that 60 percent of Vanderbilt students receive some sort of "needs-based" assistance--especially not after you learn what the initials EFC stand for: expected family contribution
. CollegeConfidential.com, an online community for college-bound students and their parents, has a calculator that tells me that our EFC during the three years that we'll have only one college student to support is $35,000 a year.
* Submit an online application and immediately receive a confirmation with a preliminary expected family contribution
The report will provide the client with an expected family contribution
The FAFSA determines the student's Expected Family Contribution
(EFC) by collecting both the student and parent/legal guardian financial data.
Next to be determined is the expected family contribution
The formula used to determine financial need is: financial need = cost of attendance (COA) - expected family contribution
The amount of the Federal Pell Grant for a student eligible under this part shall be $6,000 for academic years 2005-2006 through 2010-2011, less an amount equal to the amount determined to be the expected family contribution
with respect to that student for that year.
Need is defined as the total cost of schooling minus the Expected Family Contribution
(EFC) where the EFC = EPC + Expected Student Contribution (ESC).
There are many student loans available and you can qualify for the loans that best fit your expected family contribution
. Perkins loans are the lowest cost loans available but are only awarded to students based on financial needs.
He jotted down his solution on a placemat in the ski lodge, and a variation of his idea was passed into law in 1972: There would be a fixed grant for everyone, but the scholarship would be subtracted from an "expected family contribution
" to be established annually.