Entity: EFC
EFC, short for Expected Family Contribution, is an index used in financial aid to determine a family's ability to pay for college. It is not a specific dollar amount but a measure of financial need relative to other students. In a different context, EFC can also stand for Enemy Flag Carrier in capture the flag games.
EFC
Etymology
EFC stands for Expected Family Contribution.
Definition
EFC is an index used in financial aid to evaluate a family's financial ability to pay for college expenses.
Historical Context
EFC has been a crucial factor in determining financial aid eligibility for students pursuing higher education.
Cultural Significance
EFC plays a significant role in the college admissions process and impacts the affordability of higher education for many families.
Related Concepts
- Student Aid Index (SAI)
- FAFSA (Free Application for Federal Student Aid)
See Also
EFC is an abbreviation for Expected Family Contribution, a financial index used in college financial aid to assess a family's ability to pay for education.