<p>I just got my EFC paperwork and I am so confused...how does this work and is merit awards separate?</p>
<p>how does it total out...can some give an example?</p>
<p>Just PMd you. It took me a while to figure out what “EFC” was. I see now that it is Expected Family Contribution. Are you looking at a FAFSA report or the FA letter from the school? On our FA report, it doesn’t list EFC specifically, just shows the merit, loan, etc. and then has a tally on the back for estimated direct charges. I’m assuming that number should be lower than the EFC.</p>