EFC
Noun
Meaning
EFC (plural EFCs)
Abbreviation of electric flower car.
Examples
Brown's financial aid basics website, in August 2014, stated: "For families (including both parents) with a total income below $60,000, and assets less than $100,000, no parent contribution is calculated towards the Expected Family Contribution (EFC).
“The final proposals of PLI for individual sectors will be appraised by the Expenditure Finance Committee (EFC) and approved by the Cabinet.
It is up to the college's financial aid office to decide if it will offer need-based scholarships, also called "gift aid," to make up the full difference between the EFC derived from your FAFSA and a college's estimated total cost of attendance.
In the biggest super-fight ever to be put on in EFC history, heavyweight champion Andrew van Zyl will defend the title and the moniker of the ‘the most dangerous man in the organisation’ against light heavyweight champion DRC’s Dalcha Lungiambula.
The EFC factors in a number of variables such as savings, income, and siblings.
The result of the calculation is your Expected Family Contribution (EFC) number.