Does the collegeboard.com EFC calculate PER YEAR?? or over 4 years??

Paying for College
1

<p>Question 10chars</p>

2

<p>EFC is an annual calculation. It is based on salary from the previous tax year. Students resubmit all the necessary forms (depends on the college) annually to determine subsequent years’ EFC’s.</p>

3

<p>What is this “10chars” I see so much?</p>

4

<p>^ u need 10 character to submit a post</p>

5

<p>Yeah. Believe it or not that figure is for ONE year.</p>