Financial aid eligibility is based on a student's Expected Family Contribution (EFC). In most cases, a student with a lower EFC will qualify for more financial aid. Most schools use information reported on the Free Application for Federal Student Aid (FAFSA) to calculate EFC. This calculator lets you estimate your child's EFC before you complete the FAFSA by answering the following questions.
This calculator is for hypothetical use only and depends on the information you provide. You should be sure that the information provided is realistic and as close to your specific situation as possible. The calculations rely on a number of simplifying assumptions, and the results may vary from your actual situation. Information provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Columbia Threadneedle Investments.