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Revisions of 2000-2001 Dependent Student EFC Worksheets
The Department of Education (ED) recently revised two of the worksheets used to calculate Expected Family Contributions (EFCs) to make them easier to use for schools with enrollment periods that are greater than or less than nine months. The revised worksheets are:
- 2000-2001 EFC Formula A: Regular Worksheet A for Dependent Students
- 2000-2001 EFC Formula A: Simplified Worksheet A for Dependent Students
Although the previous versions of these two worksheets are correct, the worksheets were simplified after several financial aid administrators pointed out to ED that the two dependent formula worksheets were difficult to use when calculating EFCs for enrollment periods other than nine months. The revised 2000-2001 EFC Formula Worksheets can be found within the 2000-2001 Federal Student Financial Aid Handbook located at www.ifap.ed.gov/csb_html/fsfabknew.htm.
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