<P> Expected Family Contribution (EFC) is an estimate of the parents' and / or the student's ability to contribute to a year of post-secondary education expenses . The EFC is used in the college financial aid process in the United States to determine an applicant's eligibility for need - based federal student aid, and in many cases, state and institutional (college) aid . It is located on the Student Aid Report and Institutional Student Information Record sent after the Free Application for Federal Student Aid (FAFSA) is processed . If the FAFSA has not yet been filed, there are a number of calculators on the Web (see links below) that will give a good approximation of a family's EFC . </P> <P> Need - based aid has to be reapplied for each year; that is, a new FAFSA must be filed every year, the EFC is recalculated, and the financial aid possibly adjusted . </P>

What is efc and what does it mean
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