Skip to main content
ED Electronic Announcements

ED’s Electronic Announcements (EAs) on IFAP: PROCESSING FOR 2014-2015

EA – Posted September 19, 2013 – (Application Processing).  2014-2015 Expected Family Contribution (EFC) Formula Guide

The annual update to the EFC Formula Guide is provided in this announcement.  The EFC Formula Guide gives all of the details of how a student’s EFC is calculated, including the charts that detail the allowances and taxation rates used in the formula.  It also contains worksheets so that schools may calculate an estimated EFC.  This EFC Formula Guide with its included worksheets can be used as an excellent training tool to help staff become aware of what goes in to the calculation of an EFC and what items may affect the its calculation.

 

Leave a Reply

Fame
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.