Case 1
Parent Information
Family Size
4Number in college
1Adjusted Gross Income
19883Federal taxes paid
0Untaxed income
0Parent Contribution
0Student Information
Adjusted Gross Income
0Federal taxes paid
0Cash & savings
100Student Contribution
0Expected Family Contribution
Cost of Attendance
17216Less EFC
0Equals Need
17216Programs which apply toward need:
Federal Pell Grant
5550Federal Supplement Grant
1200Minnesota State Grant
1959Scholarships, outside agency, tuition waiver, etc.
0Federal Work-study
2300Federal Perkins Loan
2000Federal Subsidized Loan
3500Total Aid to Meet Financial Need
16509Programs which apply toward need & EFC:
Federal Unsubsidized Loan
707Alternative Loan
0Federal PLUS Loan
0Total Aid to Meet Remaining Need & EFC
707Total Aid from All Programs
17216Freshmen Example Case 2
Parent Information
Family Size
6Number in college
2Adjusted Gross Income
65738Federal taxes paid
119Untaxed income
0Parent Contribution
2609Student Information
Adjusted Gross Income
0Federal taxes paid
0Cash & savings
25Student Contribution
5Expected Family Contribution
Cost of Attendance
17216Less EFC
2614Equals Need
14602Programs which apply toward need:
Federal Pell Grant
2900Federal Supplement Grant
1200Minnesota State Grant
1603Scholarships, outside agency, tuition waiver, etc.
0Federal Work-study
2300Federal Perkins Loan
2000Federal Subsidized Loan
3500Total Aid to Meet Financial Need
13503Programs which apply toward need & EFC:
Federal Unsubsidized Loan
2000Alternative Loan
1713Federal PLUS Loan
0Total Aid to Meet Remaining Need & EFC
3713Total Aid from All Programs
17216Freshmen Example Case 3
Parent Information
Family Size
5Number in college
2Adjusted Gross Income
78828Federal taxes paid
2564Untaxed income
14595Parent Contribution
8640Student Information
Adjusted Gross Income
0Federal taxes paid
0Cash & savings
400Student Contribution
80Expected Family Contribution
Cost of Attendance
17216Less EFC
8720Equals Need
8496Programs which apply toward need:
Federal Pell Grant
0Federal Supplement Grant
0Minnesota State Grant
0Scholarships, outside agency, tuition waiver, etc.
1000Federal Work-study
2300Federal Perkins Loan
0Federal Subsidized Loan
3500Total Aid to Meet Financial Need
6800Programs which apply toward need & EFC:
Federal Unsubsidized Loan
2000Alternative Loan
8416Federal PLUS Loan
0Total Aid to Meet Remaining Need & EFC
10416Total Aid from All Programs
17216Freshmen Example Case 4
Parent Information
Family Size
4Number in college
2Adjusted Gross Income
67781Federal taxes paid
1854Untaxed income
0Parent Contribution
4139Student Information
Adjusted Gross Income
1780Federal taxes paid
0Cash & savings
300Student Contribution
60Expected Family Contribution
Cost of Attendance
17216Less EFC
4199Equals Need
13017Programs which apply toward need:
Federal Pell Grant
1400Federal Supplement Grant
1200Minnesota State Grant
1342Scholarships, outside agency, tuition waiver, etc.
0Federal Work-study
2300Federal Perkins Loan
2000Federal Subsidized Loan
3500Total Aid to Meet Financial Need
11742Programs which apply toward need & EFC:
Federal Unsubsidized Loan
2000Alternative Loan
3474Federal PLUS Loan
0Total Aid to Meet Remaining Need & EFC
5474Total Aid from All Programs
17216Freshmen Example Case 5
Parent Information
Family Size
4Number in college
1Adjusted Gross Income
109203Federal taxes paid
9331Untaxed income
0Parent Contribution
21169Student Information
Adjusted Gross Income
0Federal taxes paid
0Cash & savings
120Student Contribution
24Expected Family Contribution
Cost of Attendance
17216Less EFC
-21193Equals Need
0Programs which apply toward need:
Federal Pell Grant
0Federal Supplement Grant
0Minnesota State Grant
0Scholarships, outside agency, tuition waiver, etc.
1500Federal Work-study
0Federal Perkins Loan
0Federal Subsidized Loan
0Total Aid to Meet Financial Need
1500Programs which apply toward need & EFC:
Federal Unsubsidized Loan
5500Alternative Loan
7500Federal PLUS Loan
2716Total Aid to Meet Remaining Need & EFC
15716Total Aid from All Programs
17216EXAMPLES
CASE 1
Family Size:
4College students:
1AGI:
$19,883CASE 2
Family Size:
6College students:
2AGI:
$65,738CASE 3
Family Size:
5College students:
2AGI:
$78,828CASE 4
Family Size:
2College students:
2AGI:
$67,781CASE 5
Family Size:
4College students:
1AGI:
$109,203.
.
- Deadline for filing a 2011-2012 FAFSA is June 30, 2012
- 2012-2013 FAFSA can be submitted no earlier than January 1, 2012
- 2012-2013 Priority Application Date: The 2012-2013 Financial Aid process must be completed by March 31, 2012 to be considered for Federal SEOG Grants, Perkins Loans, and Work Study funds.
- Federal Pell Grant recipients must finalize all registration within the first 30 days of the semester. A student that withdraws from a course within the first 30 days of the semester will have their Pell award reduced to the adjusted level of enrollment.
- A completed FAFSA must be received by the Federal Aid Processing Center within the first 30 days of the semester to be eligible for a Minnesota State Grant.