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Directory Results for 2016-2017 Application and Verification Guide Chapter 3 This chapter explains the EFC and how that is calculated and it contains the worksheets for each of the EFC ulas - ifap ed to 2016-2017 Application and Verification Guide. The Application and Verification Guide (AVG) gives guidance for financial aid administrators on the FAFSA, the EFC calculation, verification of the FAFSA, and special cases regarding the