What does the EFC Index translate to?

thumper1
Sat, 27 Feb 2010 14:01:40 +0000

mom2collegekids…why would you think the EFC is an INDEX? An index typically represents a %age or something of that sort. The EFC does NOT represent any proportion of what all students will pay…it represents the dollar amount expected by the schools from the FAMILY when they are reviewing federally funded need based aid awards.