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College and University Discussion
Reply to "net price calculator question"
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[quote=Anonymous]"Expected Family Contribution" is a standardized term that exist across colleges/universities (though colleges vary slightly in how they calculate depending on their use of the CSS profile). So colleges provide their estimate of your EFC separate from the cost of the college so you can get info for what someone of your financial standing is likely to have to contribute to any college/university. So if you have one child in college you are not likely to receive any financial aid no matter where you apply, but if you have two in college you may receive some at private institutions. It's easy to get lost in all the calculators and terms, but basically that result tells you you're not going to get financial aid so if you need some start looking for colleges that provide merit aid, researching alternative funding strategies, choosing colleges within your budget.[/quote]
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