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Home > Paying for College > Financial Aid Estimator

 

Financial Aid Estimator

The financial aid estimator will help you estimate your eligibility for a Federal Pell Grant, Minnesota State Grant, and federal education tax benefits. The estimator is based on the federal calculation of your Estimated Family Contribution and the tuition and fees for the Minnesota institution you select.

Remember, the results provided here should be used only as an estimate and are no substitute for the Free Application for Federal Student Aid (FAFSA) or any formal documents you receive concerning your financial aid.

 

Begin with the Following Questions:

Are you a
U.S. citizen or resident alien?   Nonresident alien?

Will you have earned a baccalaureate degree prior to enrollment?
Yes   No

Will you be enrolled in a program that leads to a degree, certificate or diploma?
Yes   No

Can you answer yes to any of the following questions? Yes   No
  • Will you be 24 years of age or older before January 1, 2015 (or January 1 of the academic year you will attend?)
  • As of the beginning of the 2014-2015 academic year, will you be working on a master's or doctorate program?
  • Are you a veteran of the U.S. armed forces or are you on active duty in the U.S. armed forces for purposes other than training?
  • Are you married? (includes same-sex marriage that took place in jurisdiction where same-sex marriage is legal)
  • Do you have legal dependents (other than a spouse and children) who will live with you and receive more than one-half of their support from you during the 2014-2015 academic year?
  • Do you have any children who receive more than one-half of their support from you?
  • When you were age 13 or older, were both your parents deceased, were you in foster care or were you a dependent/ward of the court?
  • As of today, are you an emancipated minor as determined by a court in your state of legal residence?
  • As of today, are you in legal guardianship as determined by a court in your state of legal residence?
  • At any time on or after July 1, 2013, did your high school or school district homeless liaison determine that you were an unaccompanied youth who was homeless?
  • At any time on or after July 1, 2013, did the director of an emergency shelter program funded by the U.S. Department of Housing and Urban Development determine that you were an unaccompanied youth who was homeless?
  • At any time on or after July 1, 2013, did the director of a runaway or homeless youth basic center or transitional living program determine that you were an unaccompanied youth who was homeless or were self-supporting and at risk of being homeless?

Will your parents (or someone else) claim you as a dependent on their 2014 federal income tax return?
Yes   No