<p>Go here:
<a href="http://ifap.ed.gov/efcinformation/0506EFCFormulaGuide.html%5B/url%5D">http://ifap.ed.gov/efcinformation/0506EFCFormulaGuide.html</a>
download the PDF file. You'll also need the FAFSA worksheets available on their site. With these two pieces you will see precisely how your EFC is calculated.</p>