Develop a college investment plan
step four
Multiply the total projected costs by the percentage you calculated in step 2. The result is the estimate of your total EFC for your child’s education. This is the minimum that will likely be needed, as the figure does not include costs for books, transportation, or personal expenses.
It also does not include remaining unmet need — charges remaining after you’ve paid your EFC and the school has provided financial aid.
For more information on remaining unmet need, see page 8 of VSAC’s guide to paying for college.
