What if your EFC is 4198?

EFC

stands for Expected Family Contribution. The is an index number

that college financial aid staff use to figure out how much

financial aid you are eligible to receive if you go to their

school. Your EFC is figured out after you report information about

your specific situation on the FAFSA. It is based on a formula

established by law. This formula considers your family's taxed and

untaxed income, assets, benefits, family size, and number of family

members attending college.

Your

college figures out how much need-based aid you will receive by

subtracting your EFC from your Cost of Attendance.

Your EFC

is not how much financial aid you will receive, nor is it how much

money you will have to pay for college.