Answered By: Paige Mann
Last Updated: Sep 01, 2023     Views: 21

EFC is an index number used to determine your eligibility for federal student financial aid. This number results from the financial information you provided in your FAFSA form. It's reported to you on your Student Aid Report (SAR). Your EFC is calculated according to a formula established by law and considers your family’s taxed and untaxed income, assets, and benefits (such as unemployment or Social Security). We use EFC to determine your eligibility to participate in BLP. We understand that there may be gaps in the amount of aid you need and this should be fully explained in the application form.

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