Net Price Calculator: Estimating your Financial Aid

Using EFC PLUS, the college calculator to understand your financial aid Each year, College Affordability, LLC restarts the process of educating families on the college financial process and changes that will occur in this year’s college funding process.  The number one college question I receive each year is the same.  It deals with college tuition…

Reduce the stress of College Applications

Is it possible to reduce the number of college applications to find the college fit?  Currently many high school juniors and their parents are starting to create their college list.  How can families reduce the stress in the college application process?  College Affordability’s new college cost calculator, EFC PLUS Core Tool can help high school…

Financial Aid Roadmap

FAFSA4caster: EFC Estimator

The FAFSA4caster is the free EFC or Expected Family Contribution calculator provided by the federal government through the Department of Education.   When parents and students start the college planning process they may go to the FAFSA4caster for an initial estimate of their EFC.   Knowing the detail s of your EFC is critical to understanding the…

Net Price Calculators – Are They Helpful?

When parents and students start the college planning process, they often hear the term net price calculator.    A net price calculator gives families an estimation of their possible financial aid at each college.  It calculates the estimated net price of attendance at a school by taking the cost of attendance and subtracting eligible grants and…

What is EFC or Expected Family Contribution?

The EFC or Expected Family Contribution number is the amount a college will use in estimating a student’s financial need.  In order to get an EFC or Expected Family Contribution a family would need to complete a FAFSA form.  Now is the time of the year when parents are compiling their financial information in order…