2016-2017 Estimated EFC, Federal Pell Grant and MN State Grant

2016-2017 Estimated EFC, Federal Pell Grant and MN State Grant
by Income, Household Size and College Type – Dependent Student
MN Office of Higher Education – July 2016
2
3
EFC
Pell Grant
State Grant
$0
$5,815
$0
$5,815
Household Size
4
5
6
7
$10,000 Adjusted Gross Income
$0
$0
$0
$0
$5,815 $5,815 $5,815 $5,815
2-Yr Public/Private
$1,543
$2,869
$5,938
$1,543
$2,869
$5,938
$1,543
$2,869
$5,938
EFC
Pell Grant
State Grant
$0
$5,815
$0
$5,815
$1,543 $1,543 $1,543
$2,869 $2,869 $2,869
$5,938 $5,938 $5,938
$20,000 Adjusted Gross Income
$0
$0
$0
$0
$5,815 $5,815 $5,815 $5,815
2-Yr Public/Private
$1,543
$2,869
$5,938
$1,543
$2,869
$5,938
$1,543
$2,869
$5,938
EFC
Pell Grant
State Grant
$680
$5,165
$0
$5,815
$1,543 $1,543 $1,543
$2,869 $2,869 $2,869
$5,938 $5,938 $5,938
$30,000 Adjusted Gross Income
$0
$0
$0
$0
$5,815 $5,815 $5,815 $5,815
2-Yr Public/Private
$1,554
$2,880
$5,949
$1,543
$2,869
$5,938
$1,543
$2,869
$5,938
EFC
Pell Grant
State Grant
$2,275
$3,565
$1,579
$4,265
$1,543 $1,543 $1,543
$2,869 $2,869 $2,869
$5,938 $5,938 $5,938
$40,000 Adjusted Gross Income
$519
$0
$0
$0
$5,265 $5,815 $5,815 $5,815
2-Yr Public/Private
$1,654
$2,980
$6,049
$1,609
$2,935
$6,004
$1,605
$2,931
$6,000
EFC
Pell Grant
State Grant
$3,917
$1,865
$3,204
$2,565
$1,543 $1,543 $1,543
$2,869 $2,869 $2,869
$5,938 $5,938 $5,938
$50,000 Adjusted Gross Income
$2,188 $1,221
$102
$0
$3,665 $4,565 $5,665 $5,815
2-Yr Public/Private
$1,811
$3,137
$6,026
$1,781
$3,107
$6,176
$1,636
$2,962
$6,031
State University
U of M/4-Year Private
State University
U of M/4-Year Private
State University
U of M/4-Year Private
State University
U of M/4-Year Private
State University
U of M/4-Year Private
$1,645
$2,971
$6,040
$1,597
$2,923
$5,992
$1,543
$2,869
$5,938
8
9
10
$0
$5,815
$0
$0
$5,815 $5,815
$1,543
$2,869
$5,938
$1,543 $1,543
$2,869 $2,869
$5,938 $5,938
$0
$5,815
$0
$0
$5,815 $5,815
$1,543
$2,869
$5,938
$1,543 $1,543
$2,869 $2,869
$5,938 $5,938
$0
$5,815
$0
$0
$5,815 $5,815
$1,543
$2,869
$5,938
$1,543 $1,543
$2,869 $2,869
$5,938 $5,938
$0
$5,815
$0
$0
$5,815 $5,815
$1,543
$2,869
$5,938
$1,543 $1,543
$2,869 $2,869
$5,938 $5,938
$0
$5,815
$0
$0
$5,815 $5,815
$1,543
$2,869
$5,938
$1,543 $1,543
$2,869 $2,869
$5,938 $5,938
Expected Family Contribution (EFC) based on 2016-2017 Federal Methodology for a dependent student using 2015 parental adjusted gross income, standard tax
deductions and exemptions with no assets. Pell and State Grant awards are 9-month awards for a full-time dependent student taking 15 credits for two semesters.
2016-2017 Estimated EFC, Federal Pell Grant and MN State Grant
by Income, Household Size and College Type – Dependent Student
MN Office of Higher Education – July 2016
2
3
EFC
Pell Grant
State Grant
$5,914
$0
$5,045
$765
Household Size
4
5
6
7
$60,000 Adjusted Gross Income
$3,818 $2,825 $1,749
$941
$1,965 $2,965 $4,065 $4,865
2-Yr Public/Private
$1,799
$3,125
$6,194
$1,851
$3,177
$6,246
$1,804
$3,130
$6,199
EFC
Pell Grant
State Grant
$8,542
$0
$7,440
$0
$1,737 $1,649 $1,608
$3,063 $2,975 $2,934
$6,132 $6,044 $6,003
$70,000 Adjusted Gross Income
$5,513 $4,544 $3,340 $2,533
$0 $1,265 $2,465 $3,265
2-Yr Public/Private
$0
$655
$3,724
$364
$1,690
$4,759
$2,176
$3,502
$6,571
State University
U of M/4-Year Private
State University
U of M/4-Year Private
EFC $11,443 $10,618
Pell Grant
$0
$0
State Grant
$0
$0
2-Yr Public/Private
$0
$0
State University
$997 $1,772
U of M/4-Year Private
$0
$0
9
10
$101
$5,665
$0
$0
$5,815 $5,815
$1,598
$2,924
$5,993
$1,543 $1,543
$2,869 $2,869
$5,938 $5,938
$1,726
$4,065
$918
$99
$4,865 $5,765
$1,822 $1,753 $1,712
$3,148 $3,079 $3,038
$6,217 $6,148 $6,107
$80,000 Adjusted Gross Income
$8,486 $6,803 $5,225 $4,210
$0
$0
$598 $1,565
$1,671
$2,997
$6,066
$1,630 $1,500
$2,956 $2,826
$6,025 $5,895
$3,317
$2,465
$2,510 $1,703
$3,265 $4,065
$0
$707
$3,776
$1,775
$3,101
$6,170
$1,734 $1,692
$3,060 $3,018
$6,129 $6,087
$5,194
$665
$3,934 $3,294
$1,865 $2,565
$1,811
$3,137
$6,206
$1,795 $1,697
$3,121 $3,023
$6,190 $6,092
$7,646
$0
$6,317 $5,164
$0
$665
$171
$1,497
$1,420 $1,839
$2,746 $3,165
$4,566
$5,815 $6,234
$963 $1,848 $1,836
$2,289 $3,174 $3,162
$5,358 $6,243 $6,231
$90,000 Adjusted Gross Income
EFC $14,374 $14,019 $11,847 $9,808 $7,688 $6,353
Pell Grant
$0
$0
$0
$0
$0
$0
State Grant
$0
$0
$0
$0
$131 $1,386
2-Yr Public/Private
$0
$0
$0
$0 $1,457 $2,712
State University
$0
$0
$617 $2,533 $4,526 $5,781
U of M/4-Year Private
$100,000 Adjusted Gross Income
EFC $17,304 $17,394 $15,248 $13,208 $10,910 $9,185
Pell Grant
$0
$0
$0
$0
$0
$0
State Grant
$0
$0
$0
$0
$0
$0
2-Yr Private
$0
$0
$0
$0
$0
$0
State University
of M/4-Year Private
8
$0
$0
$1,498
$3,119
Expected Family Contribution (EFC) based on 2016-2017 Federal Methodology for a dependent student using 2015 parental adjusted gross income, standard tax
deductions and exemptions with no assets. Pell and State Grant awards are 9-month awards for a full-time dependent student taking 15 credits for two semesters.