AwardYear: 1997-1998 Edition: PostSecondary Part: 2 - - The application process for financial aid SectionNumber: SectionTitle: Alternate EFC values on output document (chart) PageNumbers: 36 Alternate EFC values on output document (chart) Alternate EFCs for other than nine month enrollment To help schools calculate the Expected Family Contribution (EFC) for students who are enrolled for more or less than nine months, the CPS prints a grid with12 alternate EFC figures for enrollments of 1 to 12 months. (If a dependent student who was eligible for the simplified needs test completed the supplemental data on the financial aid application, 24 EFCs are printed, for both the simplified and regular calculations.) When alternate EFCs must be used The alternate EFC figures printed on an output document or record are the official EFCs for students in enrollment periods other than nine months. If a student is enrolled for more or less than nine months, the alternate EFC for that period of enrollment must be used when awarding aid from the campus-based or FFEL Programs. The alternate EFCs are not used for the Federal Pell Grant Program. Location of alternate EFC Alternate 1 to 12 month EFCs for students are printed in the FAA Information Section on the SAR, above the intermediate values. If both the simplified and regular formulas are used, the alternate EFCs are printed in two rows. The top row is always based on the simplified formula. INTERMEDIATE VALUES PRINTED ON OUTPUT DOCUMENT TI -- Total Income AI -- Available Income PC -- Parents' Contribution ATI -- Allowances Against Total Income DNW -- Discretionary Net Worth AAI -- Adjusted Available Income APA -- Asset Protection Allowance TSC -- Total Student's Contribution SIC -- Student's Income Contribution IPA -- Income Protection Allowance PCA -- Parents' Contribution from Assets SCA -- Student Contribution from Assets EA -- Employment Allowance STX -- State and Other Tax Allowance CAI -- Contribution from Available Income TPC -- Total Parents' Contribution |