What does the EFC Index translate to?

VF12426
Fri, 26 Feb 2010 22:23:56 +0000

Hey all,

I’ve received mixed messages about the EFC. To my understanding, it is only an index number, not how much you’re actually expected to pay.

However, some people say they have a dollar amount. In my SAR, there is only the index number, not an amount.

Is there some sort of scale for translating the index number into a real monetary amount? My EFC is 846.

Thanks!