When the Department of Education determines how much aid to award a student, the two biggest concepts are cost of attendance (CoA) and expected family contribution (EFC). EFC is how much the government thinks the student (and their parents if dependent) can be expected to afford without assistance and is calculated from the information submitted on the FAFSA form. CoA is the college’s determinaContinue Reading »
By Andrew Gillen on 20 Feb 2013 in College Access and Student Success, College Costs and Student Debt, Higher Education and tagged Cost of Attendance, Department of Education, Expected Family Contribution, Financial Aid Reform
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