EFC Calculator

Definition of Financial Need

Cost of Attendance (determined by each college)
-Expected Family Contribution (determined by FAFSA, reviewed by each college)
=Demonstrated Financial Need (each college will determine the portion of need to meet based on number of applicants and available funds)

All colleges use the above definition of need when considering a student's eligibility for financial assistance based on need. Awards not based on need, such as academic scholarships, reduce eligibility for awards based on need.

Expected Family Contribution (EFC) Calculator

The following Expected Family Contribution (EFC) Calculator links are made available here as a service for our parents and students. R-MC will not receive your early estimate results to award financial assistance. You must complete the Free Application for Federal Student Aid in order for us to determine your official expected family contribution and eligibility for need-based financial aid.

If you would like an early estimate of your Expected Family Contribution, please follow one of the links below:

FAFSA4caster
Recommended for high school seniors

Financial Aid Information Page - EFC Calculator
The Financial Aid Information Page offers a detailed EFC Estimator.