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Case 1

Parent Information
Family Size
4
Number in college
1
Adjusted Gross Income
22613
Federal taxes paid
0
Untaxed income
2153
Parent Contribution
0
Student Information
Adjusted Gross Income
0
Federal taxes paid
0
Cash & savings
0
Student Contribution
0
Expected Family Contribution
0
Cost of Attendance
16630
Less EFC
-0
Equals Need
16630
Programs which apply toward need:
Federal Pell Grant
5350
Federal Supplement Grant
1200
Minnesota State Grant
1924
Scholarships, outside agency, tuition waiver, etc.
0
Federal Work-study
2300
Federal Perkins Loan
2000
Federal Subsidized Loan
3500
Total Aid to Meet Financial Need
16274
Programs which apply toward need & EFC:
Federal Unsubsidized Loan
356
Minnesota SELF Loan
0
Federal PLUS Loan
0
Total Aid to Meet Remaining Need & EFC
356
Total Aid from All Programs
16630

Freshmen Example Case 2

Parent Information
Family Size
6
Number in college
2
Adjusted Gross Income
63422
Federal taxes paid
0
Untaxed income
1367
Parent Contribution
2315
Student Information
Adjusted Gross Income
5410
Federal taxes paid
0
Cash & savings
1700
Student Contribution
1000
Expected Family Contribution
3315
Cost of Attendance
16630
Less EFC
-3315
Equals Need
13315
Programs which apply toward need:
Federal Pell Grant
2000
Federal Supplement Grant
1200
Minnesota State Grant
3052
Scholarships, outside agency, tuition waiver, etc.
500
Federal Work-study
2300
Federal Perkins Loan
2000
Federal Subsidized Loan
2263
Total Aid to Meet Financial Need
13315
Programs which apply toward need & EFC:
Federal Unsubsidized Loan
3237
Minnesota SELF Loan
0
Federal PLUS Loan
0
Total Aid to Meet Remaining Need & EFC
3237
Total Aid from All Programs
16552

Freshmen Example Case 3

Parent Information
Family Size
5
Number in college
2
Adjusted Gross Income
69987
Federal taxes paid
4306
Untaxed income
4783
Parent Contribution
4705
Student Information
Adjusted Gross Income
4474
Federal taxes paid
0
Cash & savings
500
Student Contribution
202
Expected Family Contribution
4907
Cost of Attendance
16630
Less EFC
-4907
Equals Need
11723
Programs which apply toward need:
Federal Pell Grant
0
Federal Supplement Grant
0
Minnesota State Grant
2757
Scholarships, outside agency, tuition waiver, etc.
0
Federal Work-study
2300
Federal Perkins Loan
0
Federal Subsidized Loan
3500
Total Aid to Meet Financial Need
8557
Programs which apply toward need & EFC:
Federal Unsubsidized Loan
2000
Minnesota SELF Loan
6073
Federal PLUS Loan
0
Total Aid to Meet Remaining Need & EFC
8073
Total Aid from All Programs
16630

Freshmen Example Case 4

Parent Information
Family Size
6
Number in college
2
Adjusted Gross Income
73045
Federal taxes paid
5216
Untaxed income
9073
Parent Contribution
4062
Student Information
Adjusted Gross Income
3949
Federal taxes paid
0
Cash & savings
400
Student Contribution
80
Expected Family Contribution
4142
Cost of Attendance
16630
Less EFC
-4142
Equals Need
12488
Programs which apply toward need:
Federal Pell Grant
1200
Federal Supplement Grant
1200
Minnesota State Grant
2174
Scholarships, outside agency, tuition waiver, etc.
1000
Federal Work-study
2300
Federal Perkins Loan
2000
Federal Subsidized Loan
2614
Total Aid to Meet Financial Need
12488
Programs which apply toward need & EFC:
Federal Unsubsidized Loan
2886
Minnesota SELF Loan
1256
Federal PLUS Loan
0
Total Aid to Meet Remaining Need & EFC
4142
Total Aid from All Programs
16630

Freshmen Example Case 5

Parent Information
Family Size
4
Number in college
1
Adjusted Gross Income
90258
Federal taxes paid
5764
Untaxed income
0
Parent Contribution
16064
Student Information
Adjusted Gross Income
4587
Federal taxes paid
266
Cash & savings
1200
Student Contribution
1322
Expected Family Contribution
17386
Cost of Attendance
16630
Less EFC
-17386
Equals Need
0
Programs which apply toward need:
Federal Pell Grant
0
Federal Supplement Grant
0
Minnesota State Grant
0
Scholarships, outside agency, tuition waiver, etc.
1500
Federal Work-study
0
Federal Perkins Loan
0
Federal Subsidized Loan
0
Total Aid to Meet Financial Need
1500
Programs which apply toward need & EFC:
Federal Unsubsidized Loan
5500
Minnesota SELF Loan
7500
Federal PLUS Loan
2130
Total Aid to Meet Remaining Need & EFC
15130
Total Aid from All Programs
16630

EXAMPLES

CASE 1

Family Size:
3
College students:
1
AGI:
$39,936

CASE 2

Family Size:
4
College students:
1
AGI:
$15,506

CASE 3

Family Size:
6
College students:
1
AGI:
$62,952

CASE 4

Family Size:
5
College students:
2
AGI:
$59,522

CASE 5

Family Size:
4
College students:
1
AGI:
$96,890
.
.

  • Pell Grant Deadline
    In order to receive a Federal Pell Grant for Spring Semester 2010 your registration must be finalized by February 9, 2010.
  • MN Grant Deadline
    In order to receive a Minnesota State Grant for Spring Semester 2010 your 2009-2010 FAFSA must be filed by February 9, 2010.
  • 2010-2011 Priority Deadline
    Students that complete the 2010-2011 Financial Aid process by April 15, 2010 will be considered for the maximum financial aid from all programs that they are eligible for.