The difference between the Cost of Attendance and the Expected Family Contribution (EFC) is the student's financial need.
Technique used to determine a student's need for financial assistance for college expenses. The analysis determines the family's ability to contribute to costs compared to the student's cost of attendance.
A means of determining eligibility for certain types of financial aid using financial need as the determining factor.
This is income after taxes, deductions, and allowances have been subtracted.