These guidelines reflect an income level that will generate an Expected Family Contribution (EFC) of approximately $1,500. For purposes of these guidelines, the approximate contribution for dependent applicants is based solely on the parental income and does not take into account any parental assets nor does it assume any contribution from the applicant’s income or assets. For independent applicants, the guidelines are based strictly on income with no consideration of available savings or other assets.
*Guidelines are based on the formulas used to determine the Expected Family Contribution (EFC) for federal student financial aid.
Please note: These income guidelines are for the 2023-2024 academic year.
Dependent Students
| Family Size | Maximum Income |
|---|---|
| 2 | $41,650 |
| 3 | $47,600 |
| 4 | $56,150 |
| 5 | $64,300 |
| 6 | $73,300 |
| 7 | $80,350 |
| 8 | $87,350 |
Independent Students
| Status | Family Size | Maximum Income |
|---|---|---|
| Single, No Dependents | 1 | $17,775 |
| Married, No Dependents Other Than Spouse | 2 | $31,550 |
| With Dependents Other Than a Spouse | 2 | $53,750 |
| 3 | $62,650 | |
| 4 | $74,750 | |
| 5 | $86,200 | |
| 6 | $98,900 | |
| 7 | $109,100 | |
| 8 | $120,600 |