The first step prospective and current college students can take toward receiving financial aid is filling out the Free Application for Federal Student ... EFC, such as elimination of the number ...

The new changes mean the Expected Family Contribution (EFC) will be replaced with something called the Student Aid Index (SAI ... to the EFC was divided by the number of children in college.

Source: The College Investor There are many benefits to 529 college savings plans. They provide tax and financial aid ...

The Pell Grant is a federally funded type of gift aid that does not have to be repaid. Pell Grants are offered to students with a low Expected Family Contribution (EFC ... Pell Grants disburse based ...

Once you have completed the FAFSA, you will get your Student Aid Index (formerly Expected Family Contribution) number. This number plays a significant role in determining the types of financial ...

The term Expected Family Contribution (EFC) will now be known as the Student Aid Index (SAI). The EFC is an index number that colleges ... families are supposed to report “money received or ...

Massive changes are coming to the Free Application for Federal Student Aid ... that number would be divided between each of those enrolled. For example, a student may be given an EFC of $10,000.