What will colleges expect you and the student to contribute to college costs? This calculator estimates your Expected Family Contribution (EFC), which represents what colleges may expect your family to contribute to the cost of attendance (COA) for one year. The difference between the COA and your EFC is considered your "financial need" and the amount of aid you're eligible to receive.
Use the Calculator to gain insight into your potential financial aid eligibility and to consider how saving in the parent's name or using a savings vehicle that is treated as a parental asset, such as a 529 plan, may be advantageous in the financial aid process.
Note: The EFC estimate in this analysis is based on a simulation of the Federal Methodology, the starting point for financial aid decisions at any college that offers Federal financial aid.