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Minnesota Office of Higher Education

Financial Aid Estimator for Aid Administrators 2014-2015

This financial aid estimator is designed for experienced financial aid staff familiar with the FAFSA and need analysis formula. If you are a student or a parent, please use our financial aid estimator for families.

This estimator does not contain the assumptions or reject edits used in Federal Methodology and bases results on the actual data entered on the screen and the following:

  • 2014-2015 need analysis formula
  • 2014-2015 Pell Grant award table (max award: $5,730)
  • 2013-2014 reported tuition and fees
  • State Grant LME of $8,300
  • State Grant private tuition maximums of $13,000 and $5,808
  • State Grant student share of 50%
  • State Grant proration of FM PC by 96%
  • State Grant proration of FM EFC by 50% (independent with no dependents)
  • State Grant proration of FM EFC by 86% (independent with dependents)
  • FM PC and EFC further prorated for enrollment level (MnSCU campuses only)

The results are intended to be estimates; Office of Higher Education holds no liability for estimated results that do not match official results.

Enter dollar amounts in round dollars with no commas or $ sign
 StudentParent
Dependency Status Dependent   Independent  
State of Legal Residence
Marital Status Married   All Other Married or living together   All Other
Student/Older Parent's Year of Birth (yyyy)
Eligible to File Short Tax Form? Yes   No Yes   No
Qualify for SSI, food stamps, free/reduced price lunch, TANF or WIC? Yes   No Yes   No
Dislocated Worker? Yes   No Yes   No
Household Size
Number in College
Adjusted Gross Income
U.S. Income Tax Paid
Income from Employment—Student/Father
Income from Employment—Student's Spouse/Mother
Untaxed Income
(from FAFSA #45[student] #94[parents])
Income Exclusions
(from FAFSA #44[student] #93[parents])
Cash, Savings and Checking
Real Estate and Investment Net Worth
Business/Investment Farm Net Worth
Does the student have children or legal dependents other than a spouse? Yes   No  
Is the student's spouse enrolled half-time or more? Yes   No/Not Married  
Title IV Cost of Attendance  
Student Name (optional)  
Student SSN (optional)  
College
Program Level 4-Year   2-Year  
Block State Grant Calculation Yes    No