Get the information you need. You will need to know how old your parents are, how many brothers and sisters you have, how much you and your parents make and the value of any assets, such as real estate or stocks.
Navigate to the EFC calculator provided by the government. Check the Resource section for a link.
Go to the lower part of the page and find the EFC calculator table. From the drop-down menu, locate the year for which you are applying and select it.
Pick whether your status as a student is independent or dependent. To meet the standards for independent status you must meet certain requirements. To check if you meet the requirements for an independent or dependent student status, check "Independent Status Qualifications" located in the Resources section.
Input the rest of the required information that you gathered into the calculator. Click on "Calculate." Your EFC estimate will then be available for you to see. If you provided accurate information, then this will be an accurate estimation of your EFC.