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How Is My Expected Family Contribution (EFC) Determined?
uThe EFC calculation factors in:
uparent’s taxable and untaxed income
uyour taxable and untaxed income
uin some cases, certain assets
uparent’s age and need for retirement income
uhousehold size
unumber of family members attending college
Several factors are considered when calculating the amount your family is expected to contribute toward your education, including parent’s income and (in some cases) assets, student’s income, parent’s age and need for retirement income, household size, and the number of family members attending college.  Your Expected Family Contribution will remain the same no matter which college you choose, but may change from year to year depending on your family’s financial situation.