EFC (Expected Family Contribution) Calculator
Download the College Aid Calculator
This calculator is a free download from Think Ahead. Once you download the program you can calculate your Expected Family Contribution (EFC). College and Beyond offers a FREE consultation to review this information and see how we might be able to help you lower this amount and/or comfortably pay for it.
To get started, download the Free EFC Calculator Software. This download may take a few minutes to complete depending upon the speed of your connection. Once the installation is complete, open up the EFC calculator and follow the detailed instructions. Be sure to fill out all fields marked in RED.
After you've input your information, the calculator will determine your EFC for you. This number represents how much you are expected to pay to your son or daughter's college each and every year (less any scholarships they receive) as determined by the Department of Education. This dollar amount will likely come as a shock to and your student!
IF you would like help in figuring out how you and your student are going to come up with this amount, feel free to follow the directions and send a securely encrypted email copy of the results to College and Beyond at collegeandbeyondllc@yahoo.com. We will contact you to set a convenient time to meet and review the options which may include:
- Which of the colleges your child is interested in might offer the best financial aid packages.
- How to re-position your family's income or assets to maximize the amount of financial aid your child might receive.
- What effect different financial strategies could have on your financial aid.
- Which financial aid forms you'll need to complete.
- How to quickly and accurately complete the required aid forms.
Our free EFC calculator includes:
- Federal EFC calculator, used at all 4-year colleges in the US,
- IM EFC calculator, used at several hundred well-known private colleges such as Harvard and Stanford,
- Thorough help messages to guide you through the software -they tell you exactly which information is needed to calculate your EFC
- A helpful e-book, The Concise Guide to College Financial Aid, to give you helpful explanations of the often confusing financial aid terms and process.