The federal government expects students and their families to contribute to the cost of college to the extent that they are able.
To estimate how much you and your family will be expected to contribute, click on the link at the bottom of the page and follow the instructions. You will use your Estimated Family Contribution (EFC) on the 'Estimating Aid' page. Keep in mind the calculator is designed for U.S. citizens and permanent residents and is based upon the U.S. Department of Education formula from a prior award year, so the official EFC formula has changed slightly since this version. The accuracy of the EFC is only as accurate as the information provided by you and your family. Due to the nature of this calculator, it cannot take into account special circumstances such as loss of income, high medical expenses, etc.
You should complete the Free Application for Federal Student Aid (FAFSA) before March 1st prior to the fall for which you plan to attend. It will collect a great deal more information and will determine the official EFC to be used by the UIC Office of Student Financial Aid. When completing the FAFSA each year, you must indicate that you want the processed FAFSA to be sent to UIC by listing the federal school code of 001776 on the application.
Important Note: The EFC is not necessarily what you are going to pay to the university. Many other factors, such as submitting information by appropriate deadlines and the appropriations of federal, state, and institutional funds affect your final costs. Your exact costs for attending UIC can only be determined after a review has been completed of your official financial aid application materials.
Estimate your EFC here.
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