Student Aid Eligibility
Worksheet for Question 23
Federal Student Aid is pleased to announce the posting of the updated 2012-2013 EFC Formula Guide, which includes Expected Family Contribution (EFC) worksheets and tables for the 2012-2013 processing cycle. The worksheets and tables in this guide can be used to calculate an estimated EFC for students. The methodology for determining the EFC is found in Part F of Title IV of the Higher Education Act of 1965, as amended (HEA).
The June 2010 update includes a new footnote for applicants who are not required to file a 1040 tax return that states “Applicants who are not required to complete an IRS Form 1040, but do so solely to claim an educational tax credit, are considered eligible if they meet all the other requirements for the simplified EFC formulas.”
ECF GuideReturn of Title IV Aid Worksheets
These forms should be used for any student whose withdrawal date is on or after July 1, 2010.
Attached are both the Dependent and Independent 2010-2011 Verification Worksheets in PDF format. The use of the federal verification worksheets is not required. An institution may use a worksheet of its own design, or no worksheet at all. An institution may also require other documentation in addition to, or instead of, a completed verification worksheet.
Dependent Student