Expected Family Contribution (EFC) Based on 2015-2016 Federal Methodology for a Dependent

2015-2016 Estimated EFC, Federal Pell Grant and MN State Grant by Income, Household Size and College Type – Dependent Student MN Office of Higher Education – October 2015

Household Size 2 3 4 5 6 7 8 9 10 $10,000 Adjusted Gross Income EFC $0 $0 $0 $0 $0 $0 $0 $0 $0 Pell Grant $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 State Grant 2-Yr Public/Private $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 State University $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 U of M/4-Year Private $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $20,000 Adjusted Gross Income EFC $0 $0 $0 $0 $0 $0 $0 $0 $0 Pell Grant $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 State Grant 2-Yr Public/Private $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 State University $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 U of M/4-Year Private $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $30,000 Adjusted Gross Income EFC $730 $0 $0 $0 $0 $0 $0 $0 $0 Pell Grant $5,025 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 State Grant 2-Yr Public/Private $1,556 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 State University $2,712 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 U of M/4-Year Private $5,608 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $40,000 Adjusted Gross Income EFC $2,322 $1,644 $598 $0 $0 $0 $0 $0 $0 Pell Grant $3,425 $4,125 $5,225 $5,775 $5,775 $5,775 $5,775 $5,775 $5,775 State Grant 2-Yr Public/Private $1,628 $1,579 $1,483 $1,507 $1,507 $1,507 $1,507 $1,507 $1,507 State University $2,784 $2,735 $2,639 $2,663 $2,663 $2,663 $2,663 $2,663 $2,663 U of M/4-Year Private $5,680 $5,631 $5,535 $5,559 $5,559 $5,559 $5,559 $5,559 $5,559 $50,000 Adjusted Gross Income EFC $3,976 $3,262 $2,150 $1,317 $214 $0 $0 $0 $0 Pell Grant $1,825 $2,525 $3,625 $4,425 $5,525 $5,775 $5,775 $5,775 $5,775 State Grant 2-Yr Public/Private $1,640 $1,625 $1,593 $1,593 $1,552 $1,507 $1,507 $1,507 $1,507 State University $2,796 $2,781 $2,749 $2,49 $2,708 $2,663 $2,663 $2,663 $2,663 U of M/4-Year Private $5,692 $5,677 $5,645 $5,643 $5,604 $5,559 $5,559 $5,559 $5,559 Household Size

Expected Family Contribution (EFC) based on 2015-2016 Federal Methodology for a dependent student using 2014 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. 2015-2016 Estimated EFC, Federal Pell Grant and MN State Grant by Income, Household Size and College Type – Dependent Student MN Office of Higher Education – October 2015

2 3 4 5 6 7 8 9 10 $60,000 Adjusted Gross Income EFC $6,064 $5,139 $3,905 $2,912 $1,852 $1,056 $237 $0 $0 Pell Grant $0 $626 $1,825 $2,825 $3,925 $4,725 $5,525 $5,775 $5,775 State Grant 2-Yr Public/Private $1,461 $1,723 $1,708 $1,661 $1,579 $1,543 $1,529 $1,507 $1,507 State University $2,617 $2,879 $2,864 $2,817 $2,735 $2,699 $2,685 $2,663 $2,663 U of M/4-Year Private $5,513 $5,775 $5,760 $5,713 $5,631 $5,595 $6,030 $5,559 $5,559 $70,000 Adjusted Gross Income EFC $8,666 $7,612 $5,967 $4,678 $3,444 $2,648 $1,852 $1,056 $260 Pell Grant $0 $0 $0 $1,125 $2,325 $3,125 $3,925 $4,725 $5,525 State Grant 2-Yr Public/Private $0 $0 $1,554 $1,666 $1,656 $1,615 $1,579 $1,543 $1,507 State University $119 $1,130 $2,710 $2,822 $2,807 $2,771 $2,735 $2,699 $2,663 U of M/4-Year Private $3,015 $4,026 $5,606 $5,718 $5,703 $5,667 $5,631 $5,595 $6,030 $80,000 Adjusted Gross Income EFC $11,597 $10,845 $8,703 $6,976 $5,379 $4,347 $3,444 $2,648 $1,752 Pell Grant $0 $0 $0 $0 $0 $1,425 $2,325 $3,125 $4,025 State Grant 2-Yr Public/Private $0 $0 $0 $585 $2,118 $1,684 $1,651 $1,615 $1,575 State University $0 $0 $0 $1,741 $3,274 $2,840 $2,807 $2,771 $2,731 U of M/4-Year Private $201 $923 $2,979 $4,637 $6,170 $5,736 $5,703 $5,667 $5,627 $90,000 Adjusted Gross Income EFC $14,527 $14,245 $12,103 $10,097 $7,944 $6,568 $5,379 $4,347 $3,444 Pell Grant $0 $0 $0 $0 $0 $0 $0 $1,425 $2,325 State Grant 2-Yr Public/Private $0 $0 $0 $0 $0 $977 $2,118 $1,684 $1,651 State University $0 $0 $0 $0 $812 $2,133 $3,274 $2,840 $2,807 U of M/4-Year Private $0 $0 $0 $1,641 $3,708 $5,029 $6,170 $5,736 $5,703 $100,000 Adjusted Gross Income EFC $17,457 $17,553 $15,504 $13,498 $11,234 $9,533 $7,944 $6,568 $5,379 Pell Grant $0 $0 $0 $0 $0 $0 $0 $0 $0 State Grant 2-Yr Private $0 $0 $0 $0 $0 $0 $0 $977 $2,118 State University $0 $0 $0 $0 $0 $0 $812 $2,133 $3,274

of M/4-Year Private $0 $0 $0 $0 $549 $2,182 $3,708 $5,029 $6,170