[Oasfaa] ED Releases 2022-23 EFC Formula Guide

[Boyd, Lori]

ED Releases 2022-23 EFC Formula Guide<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDE4NTkwOSZwPTEmdT0xMDA3MDA3NjE0JmxpPTg5MDcxMTY5%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7C0ecdba049cc7482361ae08d9695284eb%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637656625400809480%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=4kjEJbukBm8qHrOq6KRuFY64k5bau6orNirNRwJIaOw%3D&reserved=0>

The Department of Education (ED) in an electronic announcement debuted the Expected Family Contribution (EFC) Formula Guide<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDE4NTkwOSZwPTEmdT0xMDA3MDA3NjE0JmxpPTg5MDcxMTcx%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7C0ecdba049cc7482361ae08d9695284eb%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637656625400819470%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=nHFx%2Fg3d8R%2FnNNrXOlbkf%2B8%2BA1NOOI2FhAX9ybTOfY8%3D&reserved=0> containing worksheets and tables for the 2022-23 processing cycle. The materials 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).




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LORI BOYD
ASSISTANT DIRECTOR OF
FISCAL OPERATIONS

Office of Scholarships and Financial Aid
405.744.8730 * 119 Student Union * finaid.okstate.edu<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2Fscholarships-financial-aid%2Findex.html&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918217346&sdata=BwzGz5gMsxJvdRDVhin%2BcD78kNgHFZrYqLK4pdlTeTw%3D&reserved=0>
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