| AwardYear: 1996-1997 Edition: PostSecondary Part: 2 - - The application process for financial aid SectionNumber: SectionTitle: Using the Secondary EFC PageNumbers: 50 If the student qualifies for the simplified needs test, the CPS calculates an EFC based on a simplified formula, which does not use assets or certain offsets. If a student who qualifies for the simplified needs test fills out the supplemental data on the application, two EFCs (a primary EFC and a secondary EFC) are printed on the SAR. The simplified formula EFC is the primary EFC and is printed on the front of Parts 1 and 2 of the SAR. Both the primary EFC and the secondary EFC (calculated by including the supplemental data) are printed at the top of the "School Use Only" boxes. The need to use the Secondary EFC should be very rare. If you need to use the Secondary EFC in determining the student's Federal Pell Grant, you must indicate this when you report the payment through EDE, RDE, or the Floppy Disk Data Exchange. |