Financial Need Calculator
Calculate Expected Family Contribution (EFC) and financial need for aid applications.
Expected Family Contribution (EFC) Calculator
Calculate your Expected Family Contribution to understand your financial aid eligibility. This uses a simplified version of the federal methodology.
Important Notes
Accuracy Disclaimer
This calculator provides estimates based on simplified federal methodology. The actual FAFSA uses more complex calculations and additional factors. Always complete the official FAFSA for accurate results.
What's Not Included
- Retirement account balances
- Home equity
- Life insurance cash value
- Special circumstances adjustments
Tips to Lower Your EFC
- Move student assets to parent-owned 529 plans
- Pay down debt before filing FAFSA
- Time major purchases or asset sales carefully
- Maximize retirement contributions
How to Use This Tool
- Enter your information in the form above
- Click the submit button to process your request
- Review your results and use them for your scholarship applications
Is this tool free to use?
Yes, all our scholarship tools are completely free to use. No registration required.
Do you store my personal information?
We do not store personal information entered into our tools. All calculations are performed locally and data is not saved.
Can I use this tool on my mobile device?
Yes, all our tools are mobile-friendly and work on phones, tablets, and computers.
Expert Tips
- Double-check all entered values for accuracy
- Save or screenshot your results for future reference
- Use calculated values to inform your scholarship applications
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