Expected Family Contribution
The Department of Education uses the information you provide on your FAFSA to calculate your Expected Family Contribution (EFC). Your EFC is the amount of your educational costs the government has determined you and your family can afford to pay either out-of-pocket or through various financing options.
Your EFC is listed as a numerical value on your Student Aid Report and is transmitted to all of the schools listed on your application along with the rest of your FAFSA data. Drexel uses your EFC to determine the amount of your financial need and eligibility for need-based federal and institutional financial aid.
It is important to remember that your EFC is not necessarily the amount you will owe to Drexel or the overall amount your education will cost. An EFC is only an estimate of the amount of your family's contribution and can be different from your final bill or amount of in-direct costs, depending on how much of your financial need is covered by financial aid offered to you.