2019-2020 Tutorial: The FAFSA in 7 Easy Steps
Financial Aid Formulas and EFC Calculators
Wondering how to file the 2019-2020 FAFSA? Our 7 step tutorial will walk you through filing the FAFSA via web, mobile, or paper.
Learn about financial aid formulas and free tools for calculating a student’s expected family contribution (EFC) and eligibility for need-based student aid.
Expected Family Contribution (EFC)
The expected family contribution (EFC) is a number that determines how much student aid you will receive. Students with a lower EFC will get more aid. Find out how to calculate your EFC.
Cost of Attendance (COA)
Cost of attendance (COA) is the total cost for a year of college, including tuition and fees, room and board, books, supplies, and more. Find out how your school's COA affects how much aid you receive.
Demonstrated financial need is the difference between the cost of attendance and the expected family contribution. Learn how to make the calculation.
Financial Aid Packaging Philosophies
A college’s packaging philosophy specifies how the financial aid office prioritizes the types and amounts of financial aid awards. Find out how your school’s packaging philosophy can impact your financial aid.