the efc formula, 20122013 - the college solution efc formula, 20122013 ... because the efc formula...

The EFC Formula, 20122013 1

THE EFC FORMULA, 20122013

What is the EFC?The Expected Family Contribution (EFC) is a number that is used to determine a student’s !"#$#%#"#&'()*+()!,!+-"(.&/,!0&(-#,1((23#.(0/4%!+(+!./"&.()+*4(&3!(50-06#-"(#0)*+4-&#*0(&3!(.&/,!0&(provides on his or her Free Application for Federal Student Aid (FAFSA). The EFC is reported on the Student Aid Report (SAR). Financial aid administrators (FAAs) determine an applicant’s need for federal student aid from the U.S. Department of Education (the Department) and other sources of assistance by subtracting the EFC from the student’s cost of attendance (COA).

The EFC formula is used to determine the EFC and ultimately determine the need for aid from &3!()*""*7#0$(&'8!.(*)()!,!+-"(.&/,!0&(50-06#-"(-..#.&-06!(8+*$+-4.9(

:( Federal Pell Grant, :( Teacher Education Assistance for College and Higher Education Grant (TEACH Grant), :( Subsidized Stafford Loan through the William D. Ford Federal Direct Loan Program, and :( “Campusbased” aid programs

:( Federal Supplemental Educational Opportunity Grant (FSEOG), :( Federal Perkins Loan, and :( Federal WorkStudy (FWS).

The methodology for determining the EFC is found in Part F of Title IV of the Higher Education Act of 1965, as amended (HEA). Updated tables used in the computation of the EFC for the 20122013 Award Year were published in the Federal Register on May 24, 2011 (ifap.ed.gov/fregisters/052411FedNeedAnalysisMethodology1213.html) (76 FR 30139).

What is the source of data used in EFC calculations?All data used to calculate a student’s EFC comes from the information the student provides on &3!(;<;=<1((<(.&/,!0&(4-'(./%4#&(-(;<;=<9(

:( through the Internet by using FAFSA on the Web; :( %'(5"#0$(-0(-88"#6-&#*0(!"!6&+*0#6-""'(&3+*/$3(-(.63**">(*+(:( by mailing a FAFSA to the Central Processing System (CPS).

Students who applied for federal student aid in the previous award year may be eligible to reapply using a renewal FAFSA online. Applying for federal aid is free. However, to be 6*0.#,!+!,()*+(0*0?)!,!+-"(-#,(@./63(-.(#0.&#&/&#*0-"(-#,AB(-(.&/,!0&(4-'(3-C!(&*(5""(*/&(-,,#&#*0-"(forms.

We encourage applicants to complete the FAFSA electronically because the electronic version has builtin edits that reduce applicant errors and customize the questions presented based on answers to prior questions. The electronic version also contains additional instructions and help features and allows the Department to send application results to the applicant and schools more quickly.

http://ifap.ed.gov/fregisters/052411FedNeedAnalysisMethodology1213.html

2 The EFC Formula, 20122013

Who processes the application, and how is a student !"#$%&'(")(*$+(",(*&,(-./0The CPS receives the student’s application data, either electronically or on the paper application, and uses it to calculate an EFC. After the FAFSA has been processed, the CPS sends the student an output document containing information about his or her application results. This document, which can be paper or electronic, is called a Student Aid Report or SAR. The SAR lists all the information from the student’s application and indicates whether or not the application was 6*48"!&!(-0,(.#$0!,1((D)(&3!(-88"#6-&#*0(#.(6*48"!&!(-0,(.#$0!,(-0,(&3!+!(-+!(0*(,-&-(6*0E#6&.B(the SAR also includes the student’s EFC. Students are instructed to carefully check the information on the SAR to ensure its accuracy. All schools listed on the student’s FAFSA receive -88"#6-&#*0(#0)*+4-&#*0(-0,(8+*6!..#0$(+!./"&.(#0(-0(!"!6&+*0#6(5"!(6-""!,(-0(D0.&#&/&#*0-"(=&/,!0&(Information Record (ISIR).

Which EFC Formula Worksheet should be used?23!+!(-+!(&3+!!(+!$/"-+(@)/""?,-&-A()*+4/"-.(-0,(-(.#48"#5!,(@)!7!+(,-&-(!"!4!0&.A(C!+.#*0(*)(!-63()*+4/"-9:( A, for a dependent student; :( B, for an independent student without dependents other than a spouse; and :( C, for an independent student with dependents other than a spouse. Instructions for applicants who are eligible for the automatic zero EFC calculation are included in each worksheet. See page 5 for more information on which students qualify for an automatic zero EFC.

EFC Formula Worksheet A .............................................................pages 912

( =#48"#5!,(F;G(;*+4/"-(H*+I.3!!&(< .........................................pages 1316 Tables A1 through A7 (use with EFC Formula Worksheet A) .....pages 1720

EFC Formula Worksheet B .............................................................pages 2122

( =#48"#5!,(F;G(;*+4/"-(H*+I.3!!&(J ........................................pages 2324 Tables B1 through B4 (use with EFC Formula Worksheet B) .....pages 2527

EFC Formula Worksheet C ............................................................pages 2930

( =#48"#5!,(F;G(;*+4/"-(H*+I.3!!&(G ........................................pages 3132 Tables C1 through C6 (use with EFC Formula Worksheet C) .....pages 3335

Note: Do not!!"#$%&'('!!()'!!*)+,',!!+-'+*!!./!!()'!!*.$%&.0',!!1#-2*)''(*3!!!!!!!! !!!!!!!!!!!+**'(!!./4#-$+(.#/!!.*!!/#(!!-'56.-',!!./!!()'!!*.$%&.0',!!4#-$6&+*7


1*2#($+(#*&('&%!$#$"!(")(2!($!'&3&!'&!#(+#4'&!#0Because the EFC formula for a dependent student uses parental data, and the two formulas for #0,!8!0,!0&(.&/,!0&.(,*(0*&B(&3!(5+.&(.&!8(#0(6-"6/"-&#0$(-(.&/,!0&K.(F;G(#.(&*(,!&!+4#0!(3#.(*+(her dependency status. For the 20122013 Award Year, a student is automatically determined to be an independent applicant for federal student aid if he or she meets one or more of the )*""*7#0$(6+#&!+#-9

:( Student was born before January 1, 1989.

:( Student is married or separated (but not divorced) as of the date of the application.

:( At the beginning of the 20122013 school year, the student will be enrolled in a master’s or ,*6&*+-"(,!$+!!(8+*$+-4(@./63(-.(L<B(LJ<B(LMB(NMB(O3MB(F,MB(*+($+-,/-&!(6!+&#56-&!B(etc.).

:( Student is currently serving on active duty in the U.S. Armed Forces, or is a National Guard or Reserves enlistee called into federal active duty for other than training purposes.

:( =&/,!0&(#.(-(C!&!+-0(*)(&3!(P1=1(<+4!,(;*+6!.(@.!!(&3!(,!50#&#*0(#0(&3!(%*Q(*0(8-$!(RA1

:( Student has one or more children who receive more than half of their support from him or her between July 1, 2012 and June 30, 2013.

:( Student has dependent(s) (other than children or spouse) who live with him or her and who receive more than half of their support from the student, now and through June 30, 2013.

:( At any time since the student turned age 13, both of the student’s parents were deceased, the student was in foster care, or the student was a dependent/ward of the court.

:( As determined by a court in the student’s state of legal residence, the student is now or was upon reaching the age of majority, an emancipated minor (released from control by his or her parent or guardian).

:( As determined by a court in the student’s state of legal residence, the student is now or was upon reaching the age of majority, in legal guardianship.

:( On or after July 1, 2011, student was determined by a high school or school district homeless liaison to be an unaccompanied youth who was homeless.

:( On or after July 1, 2011, student was determined by the director of an emergency shelter or transitional housing program funded by the U.S. Department of Housing and Urban Development to be an unaccompanied youth who was homeless.

:( On or after July 1, 2011, student was determined by a director of a runaway or homeless youth basic center or transitional living program to be an unaccompanied youth who was homeless or was selfsupporting and at risk of being homeless.

:( =&/,!0&(7-.(,!&!+4#0!,(%'(&3!(6*""!$!(50-06#-"(-#,(-,4#0#.&+-&*+(&*(%!(-0(/0-66*48-0#!,(youth who is homeless or is selfsupporting and at risk of being homeless.

An FAA can make a determination of independence with documentation of special 6#+6/4.&-06!.B(!C!0(#)(&3!(.&/,!0&(#0#&#-""'(5"!,(-.(-(,!8!0,!0&(.&/,!0&1


TERMS USED IN THE DEFINITION OF AN INDEPENDENT STUDENT

89:;8!<9=9><9>?7 Any child of the student who receives more than half of their support from the student (the child does not have to live with the student), including a biological or adopted child. Also, any person, other than a spouse, who lives with the student and receives more than half of his or her support from the student now and will continue to receive more than half of his or her support from the student through June 30, 2013.

@9?9A;>7! <(.&/,!0&(73*9(@SA(3-.(!0$-$!,(#0(-6&#C!(.!+C#6!(#0(&3!(P1=1(<+4!,(Forces (Army, Navy, Air Force, Marines, or Coast Guard), or has been a member of the National Guard or Reserves who was called to active duty for purposes other than training, or was a cadet or midshipman at one of the service academies, or attended a U.S. military academy preparatory school, and (2) was released under a condition *&3!+(&3-0(,#.3*0*+-%"!1((<(C!&!+-0(#.(-".*(-(.&/,!0&(73*(,*!.(0*&(4!!&(&3#.(,!50#&#*0(now but will by June 30, 2013.

1*$5*(+#4'&!#+(6427$)8()",(#*&(+$937$%&'(-./()",9472+0

23!()*""*7#0$(6+#&!+#-(,!&!+4#0!(73#63(.&/,!0&.(3-C!(&3!#+(F;G.(6-"6/"-&!,(%'(-(.#48"#5!,()*+4/"-1((<..!&.(-+!(0*&(6*0.#,!+!,(#0(&3!(.#48"#5!,(F;G()*+4/"-.1

For the 20122013 Award Year, a dependent(.&/,!0&(T/-"#5!.()*+(&3!(.#48"#5!,(F;G()*+4/"-(#) %*&3(@SA(%!"*7(-0,(@UA(*0(&3!(0!Q&(8-$!(-+!(&+/!9

(1) Anyone included in the parents’(3*/.!3*",(.#V!(@-.(,!50!,(*0(&3!(;<;=<A(+!6!#C!,(%!0!5&.(,/+#0$(UWSW(*+(UWSS()+*4(-0'(*)(&3!(,!.#$0-&!,(4!-0.?&!.&!,(;!,!+-"(%!0!5&(8+*$+-4.9(&3!(=/88"!4!0&-"(=!6/+#&'(D06*4!(@==DA(O+*$+-4B(&3!(;**,(=&-48(O+*$+-41, the Free and Reduced Price School Lunch Program, the Temporary Assistance for Needy Families (TANF) Program2, and the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC); OR

the student’s parents9(:( 5"!,(*+(7!+!(!"#$#%"!(&*(5"!(-(UWSS(DX=(;*+4(SWRW<(*+(SWRWFY3, :( 5"!,(-(UWSS(DX=(;*+4(SWRW(%/&(7!+!(0*&(+!T/#+!,(&*(,*(.*4, or

:( 7!+!(0*&((+!T/#+!,(&*(5"!(-0'(#06*4!(&-Q(+!&/+0>(OR

the student’s parent is a dislocated worker.

1 The Food Stamp Program may have a different name in the student’s or student’s parents’ state. 2 The TANF Program may have a different name in the student’s or student’s parents’ state. 3 ;*+(T/-"#)'#0$()*+(&3!(.#48"#5!,(*+(-/&*4-&#6(V!+*(F;G(6-"6/"-&#*0.B(&3!()*""*7#0$(UWSS(#06*4!((&-Q(()*+4.((-+!(6*0.#,!+!,(!T/#C-"!0&(&*(-0(DX=(;*+4(SWRW<((*+((SWRWFY9((&3!((#06*4!((&-Q((+!&/+0((+!T/#+!,((by the tax code of the Commonwealth of Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, the Republic of the Marshall Islands, the Federated States of Micronesia, or Palau.4 Applicants who are not required to complete an IRS Form 1040, but do so solely to claim an educational &-Q(6+!,#&(-+!(6*0.#,!+!,(!"#$#%"!(#)(&3!'(4!!&(-""(&3!(*&3!+(+!T/#+!4!0&.()*+(&3!(.#48"#5!,(F;G()*+4/"-.1(


AND

(2) The 2011 income of the student’s parents is $49,999 or less.:( ;*+(&-Q(5"!+.B(/.!(&3!(8-+!0&.K(-,Z/.&!,($+*..(#06*4!()+*4(&3!(&-Q(+!&/+0(&*(,!&!+4#0!(

if income is $49,999 or less. :( ;*+(0*0?&-Q(5"!+.B(/.!(&3!(#06*4!(.3*70(*0(&3!(UWSS(H?U()*+4.(of both parents (plus

any other earnings from work not included on the W2s) to determine if income is $49,999 or less.

For the 20122013 Award Year, an independent(.&/,!0&(T/-"#5!.()*+(&3!(.#48"#5!,(F;G()*+4/"-(#)(%*&3(@SA(-0,(@UA(%!"*7(-+!(&+/!9

(1) Anyone included in the student’s(3*/.!3*",(.#V!(@-.(,!50!,(*0(&3!(;<;=<A(+!6!#C!,(%!0!5&.(,/+#0$(UWSW(*+(UWSS()+*4(-0'(*)(&3!(,!.#$0-&!,(4!-0.?&!.&!,(;!,!+-"(%!0!5&(8+*$+-4.9(&3!(==D(O+*$+-4B(&3!(;**,(=&-48(O+*$+-45, the Free and Reduced Price School Lunch Program, the TANF Program6, and WIC; OR

the student and student’s spouse (if the student is married) both:( (( 5"!,(*+(7!+!(!"#$#%"!(&*(5"!(-(UWSS(DX=(;*+4(SWRW<(*+(SWRWFY7, :( (( 5"!,(-(UWSS(DX=(;*+4(SWRW(%/&(7!+!(0*&(+!T/#+!,(&*(,*(.*8, or :( (( 7!+!(0*&(+!T/#+!,(&*(5"!(-0'(#06*4!(&-Q(+!&/+0>(OR

the student (or the student’s spouse, if any) is a dislocated worker.

AND

(2) The student’s (and spouse’s) 2011 income is $49,999 or less.:( ;*+(&-Q(5"!+.B(/.!(&3!(.&/,!0&K.(@-0,(.8*/.!K.A(-,Z/.&!,($+*..(#06*4!()+*4(&3!(&-Q(

return to determine if income is $49,999 or less.:( ;*+(0*0?&-Q(5"!+.B(/.!(&3!(#06*4!(.3*70(*0(&3!(.&/,!0&K.(@-0,(.8*/.!K.A(UWSS((H?U(

forms (plus any other earnings from work not included on the W2s) to determine if income is $49,999 or less.

Which students qualify for an automatic zero EFC calculation?Certain students are automatically eligible for a zero EFC.

New for 20122013: The income threshold for an automatic zero EFC has been increased from $31,000 to $32,000 for the 20122013 Award Year. For the 20122013 Award Year, a dependent student(-/&*4-&#6-""'(T/-"#5!.()*+(-(V!+*(F;G(#)(both (1) and (2) on the next page are true.

5 See note 1 on page 4. 6 See note 2 on page 4.7 See note 3 on page 4.8 See note 4 on page 4.


(1) Anyone included in the parents’(3*/.!3*",(.#V!(@-.(,!50!,(*0(&3!(;<;=<A(+!6!#C!,(%!0!5&.(,/+#0$(UWSW(*+(UWSS()+*4(-0'(*)(&3!(,!.#$0-&!,(4!-0.?&!.&!,(;!,!+-"(%!0!5&(8+*$+-4.9(&3!(==D(O+*$+-4B(&3!(;**,(=&-48(O+*$+-49, the Free and Reduced Price School Lunch Program, the TANF Program10, and WIC; OR

The student’s parents9(:( 5"!,(*+(7!+!(!"#$#%"!(&*(5"!(-(UWSS(DX=(;*+4(SWRW<(*+(SWRWFYSSB(:( 5"!,(-(UWSS(DX=(;*+4(SWRW(%/&(7!+!(0*&(+!T/#+!,(&*(,*(.*12, or :( 7!+!(0*&((+!T/#+!,(&*(5"!(-0'(#06*4!(&-Q(+!&/+0>(OR

the student’s parent is a dislocated worker. AND

(2) The 2011 income of the student’s parents is $32,000 or less.:( ;*+(&-Q(5"!+.B(/.!(&3!(8-+!0&.K(-,Z/.&!,($+*..(#06*4!()+*4(&3!(&-Q(+!&/+0(&*(determine if income is $32,000 or less.

:( ;*+(0*0?&-Q(5"!+.B(/.!(&3!(#06*4!(.3*70(*0(&3!(UWSS(H?U()*+4.(of both parents (plus any other earnings from work not included on the W2s) to determine if income is $32,000 or less.

An independent student with dependents other than a spouse(-/&*4-&#6-""'(T/-"#5!.()*+(-(zero EFC if %*&3(@SA(-0,(@UA(%!"*7(-+!(&+/!9

(1) Anyone included in the student’s(3*/.!3*",(.#V!(@-.(,!50!,(*0(&3!(;<;=<A(+!6!#C!,(%!0!5&.(,/+#0$(UWSW(*+(UWSS()+*4(-0'(*)(&3!(,!.#$0-&!,(4!-0.?&!.&!,(;!,!+-"(%!0!5&(8+*$+-4.9(&3!(==D(O+*$+-4B(&3!(;**,(=&-48(O+*$+-413, the Free and Reduced Price School Lunch Program, the TANF Program14, and WIC; OR

the student and student’s spouse (if the student is married) both

:( 5"!,(*+(7!+!(!"#$#%"!(&*(5"!(-(UWSS(DX=(;*+4(SWRW<(*+(SWRWFY15, :( 5"!,(-(UWSS(DX=(;*+4(SWRW(%/&(7!+!(0*&(+!T/#+!,(&*(,*(.*16, or :( 7!+!(0*&(+!T/#+!,(&*(5"!(-0'(#06*4!(&-Q(+!&/+0>(OR

the student (or the student’s spouse, if any) is a dislocated worker.

AND

(2) The student’s (and spouse’s) 2011 income is $32,000 or less.

:( F*+(&-Q(5"!+.B(/.!(&3!(.&/,!0&K.(@-0,(.8*/.!K.A(-,Z/.&!,($+*..(#06*4!()+*4(&3!(&-Q(return to determine if income is $32,000 or less.

9 See note 1 on page 4. 10 See note 2 on page 4.11 See note 3 on page 4. 12 See note 4 on page 4. 13 See note 1 on page 4. 14 See note 2 on page 4.15 See note 3 on page 4.16 See note 4 on page 4.


:( ;*+(0*0?&-Q(5"!+.B(/.!(&3!(#06*4!(.3*70(*0(&3!(.&/,!0&K.(@-0,(.8*/.!K.A(UWSS(H?U(forms (plus any other earnings from work not included on the W2s) to determine if income is $32,000 or less.

Note: An independent student without dependents other than a spouse is not eligible for an automatic zero EFC.

Why might a calculation of an EFC using these worksheets differ from the EFC reported on a student’s SAR? When it appears that an applicant has reported inconsistent data, the CPS may make certain assumptions to resolve the inconsistency. These assumed values, which are reported on the student’s SAR, are used to calculate the student’s EFC. Therefore, in some cases, the EFC produced by these worksheets may differ from the EFC produced by the CPS if the assumed values are not used.

In addition, to help reconcile EFC Formula Worksheet calculations with those of the CPS, all calculations should be carried to three decimal places and then rounded to the nearest whole numbers—round upward for results of .500 to .999, round downward for results of .001 to .499. Rounding should be performed so that the intermediate value that is the result of each step does not have any decimal digits.


WORKSHEETS AND TABLES

Dependent Student

EFC Formula Worksheet A ..................................................................pages 912! "#$%&#'()!!*+,!+-.$/&0!1-.234((5!6 ................................................pages 1316 Tables A1 through A7...........................................................................pages 1720 (use Tables A1 through A7 with EFC Formula Worksheet A)

Independent Student Without Dependents Other than a Spouse

EFC Formula Worksheet B ..................................................................pages 2122! "#$%&#'()!*+,!+-.$/&0!1-.234((5!7.................................................pages 2324 Tables B1 through B4...........................................................................pages 2527 (use Tables B1 through B4 with EFC Formula Worksheet B)

Independent Student With Dependents Other than a Spouse

EFC Formula Worksheet C ..................................................................pages 2930! "#$%&#'()!*+,!+-.$/&0!1-.234((5!,.................................................pages 3132 Tables C1 through C6...........................................................................pages 3335 (use Tables C1 through C6 with EFC Formula Worksheet C)

Note: Do not!"#$%&'('!()'!*)+,',!+-'+*!./!()'!*.$%&.0',!1#-2*)''(*3!+**'(!./4#-$+(.#/!.*!/#(!-'56.-',!./!()'!*.$%&.0',!4#-$6&+*7


continued on the next page

20122013 EFC FORMULA A : DEPENDENT STUDENT

16. Cash, savings & checking (FAFSA/SAR #88)

17. Net worth of investments** (FAFSA/SAR #89) If negative, enter zero.

18.! 8(5!9-.54!-:!;/3#<(33!0<)=-.!#<>(35$(<5!:0.$ (FAFSA/SAR #90) If negative, enter zero.

19.! 6)?/35()!<(5!9-.54!-:!;/3#<(33=:0.$ (Calculate using Table A4.) +

20. Net worth @3/$!-:!&#<(3!ABC!ADC!0<)!AEF!! !!! =

21.! *)/G05#-<!30>#<H3!0<)!033(5! protection allowance (Table A5) !I!

22. Discretionary net worth (line 20 minus line 21) =

23. Asset conversion rate × .12

24. CONTRIBUTION FROM ASSETS If negative, enter zero. =

**Do not!#<G&/)(!54(!:0$#&JK3!4-$(L***M-!G0&G/&05(!54(!%0.(<53K!G-<5.#;/5#-<!:-.!-54(.!540<!<#<(N$-<54!enrollment, see page 11.

PARENTS’ CONTRIBUTION FROM ASSETS

PARENTS’ CONTRIBUTION

AVAILABLE INCOME (AI) (from line 15)

CONTRIBUTION FROM ASSETS (from line 24) +

25. Adjusted Available Income (AAI) May be a negative number. =

26. Total parents’ contribution from AAI

(Calculate using Table A6.) If negative, enter zero.

27. Number in college in 20122013

! @*OG&/)(!%0.(<53F!@+6+"6="6P!QDRF ÷

28. PARENTS’ CONTRIBUTION @350<)0.)! contribution for ninemonth enrollment)*** If negative, enter zero. =

AVAILABLE INCOME

Total income (from line 7)

Total allowances (from line 14) I

15. AVAILABLE INCOME (AI)

May be a negative number. =

REGULAR WORKSHEETPage 1

*STOP HERE if the following are true:

Line 3 is $32,000 or less and

S! M4(!%0.(<53!0.(!(&#H#;&(!5-!'&(!0!TUAA!VP"!+-.$!AUWU6!-.!AUWU*X!@54(J!!!!0.(!<-5!.(Y/#.()!5-!'&(!0!TUAA!+-.$!AUWUF!-.!54(J!0.(!<-5!.(Y/#.()!5-!'&( any income tax return or S!!6<J-<(!#<G&/)()!#<!54(!%0.(<53K!4-/3(4-&)!3#Z(!@03!)('<()!-<!54(!+6+"6F!!! !!!.(G(#>()!;(<('53!)/.#<H!TUAU!-.!TUAA!:.-$!0<J!-:!54(!)(3#H<05()!$(0<3N! !!!5(35()!+()(.0&!;(<('5!%.-H.0$3!or S!!*#54(.!-<(!-:!54(!%0.(<53!#3!0!)#3&-G05()!9-.2(.

V:!54(3(!G#.G/$350<G(3!0.(!5./(C!54(!*O%(G5()!+0$#&J!,-<5.#;/5#-<!#3!automatically zero.

8.! TUAA![L"L! #<G-$(! 50O!%0#)! @+6+"6="6P!Q\WF@50O!'&(.3! -<&JF! ! V:! <(H05#>(C! (<5(.! Z(.-L

9.! "505(! 0<)!-54(.! 50O! 0&&-90<G(! (Table A1) If negative, enter zero. +

10. +054(.K3=35(%:054(.K3!"-G#0&!"(G/.#5J! tax allowance (Table A2) +

11. ]-54(.K3=35(%$-54(.K3!"-G#0&!"(G/.#5J! tax allowance (Table A2) +

12. Income protection allowance (Table A3) +

13. Employment expense allowance: ! S! M9-!9-.2#<H!%0.(<53^! R_`!-:! 54(! &(33(.! -:! 54(!

(0.<()! #<G-$(3C! -.! aRCBUUC!94#G4(>(.! #3! &(33

S! b<(N%0.(<5! :0$#&#(3^! R_`!-:! (0.<()! #<G-$(C or $3,600, whichever is less S! M9-N%0.(<5! :0$#&#(3C! -<(!9-.2#<H! parent: enter zero +

14. TOTAL ALLOWANCES =

ALLOWANCES AGAINST PARENTS’ INCOME

PARENTS’ INCOME IN 2011

1.! c0.(<53K!6)?/35()!d.-33!V<G-$(!@+6+"6="6P!Q\RF!!!!!!!!!!!! If negative, enter zero. 2. a.! +054(.K3=35(%:054(.K3!#<G-$(!(0.<()! from work (FAFSA/SAR #86) __________

2. b.! ]-54(.K3=35(%$-54(.K3!#<G-$(!(0.<()! from work (FAFSA/SAR #87) + __________

! M-50&!%0.(<53K!#<G-$(!(0.<()!:.-$!9-.2 =

3.! c0.(<53K!M0O0;&(!V<G-$(!@V:!50O!'&(.3C!(<5(.!54(!0$-/<5!:.-$!&#<(!A!0;->(L! !! V:!<-<N50O!'&(.3C!(<5(.!54(!0$-/<5!:.-$!&#<(!TLF*

4.! M-50&!/<50O()!#<G-$(!0<)!;(<('53^(Total of FAFSA/SAR #92.a. through 92.i.) +

5. M0O0;&(!0<)!/<50O()!#<G-$(!! @3/$!-:!&#<(!R!0<)!&#<(!WF! !!!!=

6. M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-<! (Total of FAFSA/SAR #91.a. through 91.f.) !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!I! !!

7. TOTAL INCOME

(line 5 minus line 6) May be a negative number. =

A


AREGULAR WORKSHEET Page 2

STUDENT’S CONTRIBUTION FROM ASSETSSTUDENT’S INCOME IN 2011

29.! 6)?/35()!!d.-33!!V<G-$(!@+6+"6="6P!QR_F If negative, enter zero.

30.! V<G-$(!(0.<()!:.-$!9-.2!@+6+"6="6P!QR\F

31. Taxable Income! @V:!50O!'&(.C!(<5(.!54(!0$-/<5!:.-$!&#<(!TE!0;->(L! V:!<-<N50O!'&(.C!(<5(.!54(!0$-/<5!:.-$!&#<(!RULF

32.! M-50&!/<50O()!#<G-$(!0<)!;(<('53! ! !!@M-50&!-:!+6+"6="6P!QWWL0L!54.-/H4!WWL?LF!!!!!!!!!!!!!!!!!!!!!!!!!+ 33.! M0O0;&(!0<)!/<50O()!#<G-$(! @3/$!-:!&#<(!RA!0<)!&#<(!RTF! ! =

34.! M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-< (Total of FAFSA/SAR #43.a. through 43.f.) I

35. TOTAL INCOME (line 33 minus line 34) = May be a negative number.


Total allowances (from line 41)! ! ! ! I

42. Available income (AI) =

43. Assessment of AI × .50

44. STUDENT’S CONTRIBUTION FROM AI = If negative, enter zero.

STUDENT’S CONTRIBUTION FROM INCOME

EXPECTED FAMILY CONTRIBUTION

*Do not #<G&/)(!54(!35/)(<5K3!4-$(L**To calculate the EFC for other than ninemonth enrollment, see the next page.


(from line 28)

STUDENT’S CONTRIBUTION FROM AI

(from line 44) +

STUDENT’S CONTRIBUTION FROM ASSETS

(from line 50) +

51. EXPECTED FAMILY CONTRIBUTION

@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54! enrollment)** If negative, enter zero. =

ALLOWANCES AGAINST STUDENT INCOME

36. TUAA![L"L! #<G-$(! 50O!%0#)! @+6+"6="6P!QRBF @50O!'&(.3! -<&JF! ! V:! <(H05#>(C! (<5(.! Z(.-L

37. "505(! 0<)!-54(.! 50O! 0&&-90<G( (Table A7) If negative, enter zero. +

38. Social Security tax allowance (Table A2) +

39. Income protection allowance + 6,000

40. 6&&-90<G(! :-.! %0.(<53K! <(H05#>(!6)?/35() Available Income (If line 25 is negative, enter line 25 as a positive number in line 40. If line 25 is zero or positive, enter zero in line 40.) +



46. Net worth of investments* (FAFSA/SAR #41) If negative, enter zero.

47.! !8(5!9-.54!-:!;/3#<(33!0<)=-.!#<>(35$(<5!:0.$ (FAFSA/SAR #42) If negative, enter zero. +

48. Net worth (sum of lines 45 through 47) =

49. Assessment rate × .20

50. STUDENT’S CONTRIBUTION FROM ASSETS =


Calculation of Student’s Contribution from Available Income (AI) for a Student Enrolled LESS than Nine Months*

Calculation of Parents’ Contribution for a Student Enrolled LESS than Nine Months

REGULARWORKSHEET Page 3 A

Calculation of Parents’ Contribution for a Student Enrolled MORE than Nine Months

7AL!c0.(<53K!6)?/35()!6>0#&0;&(!V<G-$(!@66VF!@:.-$!&#<(!T_e$0J!;(!0!<(H05#>(!</$;(.F

B2. Difference between the income protection allowance for a ! :0$#&J!-:!:-/.!0<)!0!:0$#&J!-:!'>(C!9#54!-<(!#<!G-&&(H(! + 4,530

7RL!6&5(.<05(!%0.(<53K!66V!:-.!$-.(!540<!<#<(N$-<54!(<.-&&$(<5!@&#<(!7A!f!&#<(!7TF! =

7WL!M-50&!%0.(<53K!G-<5.#;/5#-<!:.-$!0&5(.<05(!66V!@G0&G/&05(!/3#<H!M0;&(!6BF

B5. Number in college (FAFSA/SAR #73) ÷

7BL!6&5(.<05(!%0.(<53K!G-<5.#;/5#-<!:-.!35/)(<5!@&#<(!7W!)#>#)()!;J!&#<(!7_F! =

7DL!"50<)0.)!%0.(<53K!G-<5.#;/5#-<!:-.!54(!35/)(<5!:-.!<#<(N$-<54!(<.-&&$(<5!@:.-$!&#<(!T\F! I

B8. Difference (line B6 minus line B7) =

7EL!g#>#)(!&#<(!7\!;J!AT!$-<543! ÷ 12

7AUL!c0.(<53K!G-<5.#;/5#-<!%(.!$-<54! =

7AAL!8/$;(.!-:!$-<543!35/)(<5!9#&&!;(!(<.-&&()!5405!(OG(()!E! ×

7ATL!6)?/35$(<5!5-!%0.(<53K!G-<5.#;/5#-<!!!!!!!!!:-.!$-<543!5405!(OG(()!<#<(!@$/&5#%&J!&#<(!7AU!;J!&#<(!7AAF! =

7ARL!"50<)0.)!%0.(<53K!G-<5.#;/5#-< for ninemonth enrollment (from line 28) +

B14. Parents’ contribution for MORE than ninemonth enrollment =

Note: Use this additional page to prorate the EFC only if the student will be enrolled for other than nine months and only to determine

the student’s need for campusbased aid, or a Federal Direct Subsidized Loan. Do not use this page to prorate the EFC for a Federal

Pell Grant or TEACH Grant. The EFC for the Federal Pell Grant Program is the ninemonth EFC used in conjunction with the cost

of attendance to determine a Federal Pell Grant award from the Payment or Disbursement Schedule.

Use next page to calculate total EFC for enrollment periods other than nine months

*+-.!35/)(<53!(<.-&&()!$-.(!540<!<#<(!$-<543C!54(!350<)0.)!G-<5.#;/5#-<!:.-$!6V!#3!/3()!@54(!0$-/<5!:.-$!&#<(!WWFL

6AL!c0.(<53K!G-<5.#;/5#-<!!!!!!@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!T\F

6TL!g#>#)(!;J!E! ÷ 9

6RL!c0.(<53K!G-<5.#;/5#-<!%(.!$-<54! =

A4. Multiply by number of months of enrollment ×

A5. Parents’ contribution for LESS than ninemonth enrollment =

,AL!"5/)(<5K3!G-<5.#;/5#-<!:.-$!6V!!!!!!!@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!WWF

,TL!g#>#)(!;J!E! ÷ 9

,RL!"5/)(<5K3!G-<5.#;/5#-<!:.-$!6V!%(.!$-<54! =

C4. Multiply by number of months of enrollment ×

C5. Student’s contribution from AI for LESS than ninemonth enrollment =


Calculation of Total Expected Family Contribution for Periods of Enrollment Other than Nine Months

AREGULAR WORKSHEETPage 4

Parents’ Contribution—use ONE appropriate amount from previous page: !!S!*<5(.!0$-/<5!:.-$!&#<(!6_!:-.!(<.-&&$(<5!%(.#-)3!&(33!540<!<#<(!$-<543!OR!!S!*<5(.!0$-/<5!:.-$!&#<(!7AW!:-.!(<.-&&$(<5!%(.#-)3!H.(05(.!540<!<#<(!$-<543!!!!!

Student’s Contribution from Available Income—use ONE appropriate amount from previous page:

!!S!*<5(.!0$-/<5!:.-$!&#<(!,_!:-.!(<.-&&$(<5!%(.#-)3!&(33!540<!<#<(!$-<543!OR +!!S!*<5(.!0$-/<5!:.-$!&#<(!WW!:-.!(<.-&&$(<5!%(.#-)3!H.(05(.!540<!<#<(!$-<543!

Student’s Contribution from Assets

!!S!*<5(.!0$-/<5!:.-$!&#<(!_U! +

Expected Family Contribution for periods of enrollment other than nine months =


continued on the next page

Note: Do not!"#$%&'('!()'!*)+,',!+-'+*3!+**'(!./4#-$+(.#/!.*!/#(!-'56.-',!./!()'!*.$%&.0',!4#-$6&+7

20122013 EFC FORMULA A : DEPENDENT STUDENT

**Do not!#<G&/)(!54(!:0$#&JK3!4-$(L

***M-!G0&G/&05(!54(!%0.(<53K!G-<5.#;/5#-<!:-.!-54(.!540<!<#<(N$-<54!!! enrollment, see page 15.




26. Total parents’ contribution from AAI

(Calculate using Table A6.) If negative, enter zero.


! @*OG&/)(!%0.(<53F!@+6+"6="6P!QDRF ÷

28. PARENTS’ CONTRIBUTION @350<)0.)! contribution for ninemonth enrollment)*** If negative, enter zero. =


PARENTS’ INCOME IN 2011

1.! c0.(<53K!6)?/35()!d.-33!V<G-$(!@+6+"6="6P!Q\RF!!!!!!!!!!!! If negative, enter zero. 2. a.! +054(.K3=35(%:054(.K3!#<G-$(!(0.<()! from work (FAFSA/SAR #86) __________

2. b.! ]-54(.K3=35(%$-54(.K3!#<G-$(!(0.<()! from work (FAFSA/SAR #87) + __________

! M-50&!%0.(<53K!#<G-$(!(0.<()!:.-$!9-.2 =

3.! c0.(<53K!M0O0;&(!V<G-$(!@V:!50O!'&(.3C!(<5(.!54(!0$-/<5!:.-$!&#<(!A!0;->(L! !! V:!<-<N50O!'&(.3C!(<5(.!54(!0$-/<5!:.-$!&#<(!TLF*

4.! M-50&!/<50O()!#<G-$(!0<)!;(<('53(sum total of FAFSA/SAR #92.a. through 92.i.) +

5. M0O0;&(!0<)!/<50O()!#<G-$(!! @3/$!-:!&#<(!R!0<)!&#<(!WF! =

6. M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-<!(sum total of FAFSA/SAR #91.a. through 91.f.) ! !!!!!!!!!!!!!!I! !!

7. TOTAL INCOME




S! M4(!%0.(<53!0.(!(&#H#;&(!5-!'&(!0!TUAA!VP"!+-.$!AUWU6!-.!AUWU*X!@54(J!!!!0.(!<-5!.(Y/#.()!5-!'&(!0!TUAA!+-.$!AUWUF!-.!54(J!0.(!<-5!.(Y/#.()!5-!'&(! any income tax return or S!!6<J-<(!#<G&/)()!#<!54(!%0.(<53K!4-/3(4-&)!3#Z(!@03!)('<()!-<!54(!!! !!!+6+"6F!.(G(#>()!;(<('53!)/.#<H!TUAU!-.!TUAA!:.-$!0<J!-:!54( !!!)(3#H<05()!$(0<3N5(35()!+()(.0&!;(<('5!%.-H.0$3!or S!!*#54(.!-<(!-:!54(!%0.(<53!#3!0!)#3&-G05()!9-.2(.

V:!54(3(!G#.G/$350<G(3!0.(!5./(C!54(!*O%(G5()!+0$#&J!,-<5.#;/5#-<!#3! automatically zero.

1




19.! 6)?/35()!<(5!9-.54!-:!;/3#<(33=:0.$ (Calculate using Table A4.) +

20. Net worth @3/$!-:!&#<(3!ABC!ADC!0<)!AEF!! !!!=

21.! *)/G05#-<!30>#<H3!0<)!033(5! protection allowance (Table A5) I



24. CONTRIBUTION FROM ASSETS If negative, enter zero. =

PARENTS’ CONTRIBUTION FROM ASSETS

8.! TUAA![L"L! #<G-$(! 50O!%0#)! @+6+"6="6P!Q\WF@50O!'&(.3! -<&JF! ! V:! <(H05#>(C! (<5(.! Z(.-L

9.! "505(! 0<)!-54(.! 50O! 0&&-90<G(! (Table A1) If negative, enter zero. +

10. +054(.K3=35(%:054(.K3!"-G#0&!"(G/.#5J! tax allowance (Table A2) +

11. ]-54(.K3=35(%$-54(.K3!"-G#0&!"(G/.#5J! tax allowance (Table A2) +

12. Income protection allowance (Table A3) +

13. Employment expense allowance: ! S! M9-!9-.2#<H!%0.(<53^! R_`!-:! 54(! &(33(.! -:! 54(!

(0.<()! #<G-$(3C! -.! aRCBUUC!94#G4(>(.! #3! &(33

S! b<(N%0.(<5! :0$#&#(3^! R_`!-:! (0.<()! #<G-$(C or $3,600, whichever is less S! M9-N%0.(<5! :0$#&#(3C! -<(!9-.2#<H! parent: enter zero +


ALLOWANCES AGAINST PARENTS’ INCOME

TOTAL INCOME (from line 7)

TOTAL ALLOWANCES (from line 14)! I



AVAILABLE INCOME

ASIMPLIFIEDWORKSHEET Page 1


Note: Do not!"#$%&'('!()'!*)+,',!+-'+*3!+**'(!./4#-$+(.#/!.*!/#(!-'56.-',!./!()'!*.$%&.0',!4#-$6&+7


*g-!<-5!#<G&/)(!54(!35/)(<5K3!4-$(L**To calculate the EFC for other than ninemonth enrollment, see the next page.


(from line 28)

STUDENT’S CONTRIBUTION FROM AI

(from line 44) +


(from line 50) +

51. EXPECTED FAMILY CONTRIBUTION

350<)0.)!G-<5.#;/5#-<!:-.!<#<(!$-<54! enrollment. If negative, enter zero.** =


45. Cash, savings & checking (FAFSA/SAR #40) +


47.! !8(5!9-.54!-:!;/3#<(33!0<)=-.!#<>(35$(<5!:0.$ (FAFSA/SAR #42) If negative, enter zero. +

48. Net worth (sum of lines 45 through 47) =

49. Assessment rate × .20 50. STUDENT’S CONTRIBUTION FROM ASSETS =


Total allowances (from line 41)! ! ! ! I

42. Available income (AI) =

43. Assessment of AI × .50

44. STUDENT’S CONTRIBUTION FROM AI

If negative, enter zero. =

STUDENT’S CONTRIBUTION FROM INCOME

ALLOWANCES AGAINST STUDENT INCOME

36. TUAA![L"L! #<G-$(! 50O!%0#)! @+6+"6="6P!QRBF @50O!'&(.3! -<&JF! ! V:! <(H05#>(C! (<5(.! Z(.-L

37. "505(! 0<)!-54(.! 50O! 0&&-90<G( (Table A7) If negative, enter zero. +

38. Social Security tax allowance (Table A2) +

39. Income protection allowance + 6,000

40. 6&&-90<G(! :-.! %0.(<53K! <(H05#>(!6)?/35() Available Income (If line 25 is negative, enter line 25 as a positive number in line 40. If line 25 is zero or positive, enter zero in line 40.) +


ASIMPLIFIED WORKSHEETPage 2

STUDENT’S INCOME IN 2011

29.! 6)?/35()!d.-33!V<G-$(!@+6+"6="6P!QR_F If negative, enter zero.

30.! V<G-$(!(0.<()!:.-$!9-.2!@+6+"6="6P!QR\F

31. Taxable Income! @V:!50O!'&(.C!(<5(.!54(!0$-/<5!:.-$!&#<(!TE!0;->(L! V:!<-<N50O!'&(.C!(<5(.!54(!0$-/<5!:.-$!&#<(!RULF

32.! M-50&!/<50O()!#<G-$(!0<)!;(<('53! ! !!@M-50&!-:!!+6+"6="6P!QWWL0L!54.-/H4!WWL?LF!!!!!!!!!!!!!!!!!!!!!!!!!+ 33.! M0O0;&(!0<)!/<50O()!#<G-$(! @3/$!-:!&#<(!RA!0<)!&#<(!RTF! ! =

34.! M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-< (Total of FAFSA/SAR #43.a. through 43.f.) I35. TOTAL INCOME (line 33 minus line 34) May be a negative number. =






ASIMPLIFIEDWORKSHEETPage 3

Calculation of Student’s Contribution from Available Income (AI) for a Student Enrolled LESS than Nine Months*

Calculation of Parents’ Contribution for a Student Enrolled MORE than Nine Months

Use next page to calculate total EFC for enrollment periods other than nine months

*+-.!35/)(<53!(<.-&&()!$-.(!540<!<#<(!$-<543C!54(!350<)0.)!G-<5.#;/5#-<!:.-$!6V!#3!/3()!@54(!0$-/<5!:.-$!&#<(!WWFL

Calculation of Parents’ Contribution for a Student Enrolled LESS than Nine Months

6AL!c0.(<53K!G-<5.#;/5#-<!!!!!!!@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!T\F

6TL!g#>#)(!;J!E! ÷ 9

6RL!c0.(<53K!G-<5.#;/5#-<!%(.!$-<54! =

A4. Multiply by number of months of enrollment ×

A5. Parents’ contribution for LESS than ninemonth enrollment =

7AL!c0.(<53K!6)?/35()!6>0#&0;&(!V<G-$(!@66VF!@:.-$!&#<(!T_e$0J!;(!0!<(H05#>(!</$;(.F

B2. Difference between the income protection allowance for a ! !:0$#&J!-:!:-/.!0<)!0!:0$#&J!-:!'>(C!9#54!-<(!#<!G-&&(H(! + 4,530

7RL!6&5(.<05(!%0.(<53K!66V!:-.!$-.(!540<!<#<(N$-<54!(<.-&&$(<5!@&#<(!7A!f!&#<(!7TF! =

7WL!M-50&!%0.(<53K!G-<5.#;/5#-<!:.-$!0&5(.<05(!66V!@G0&G/&05(!/3#<H!M0;&(!6BF B5. Number in college (FAFSA/SAR #73) ÷

7BL!6&5(.<05(!%0.(<53K!G-<5.#;/5#-<!:-.!35/)(<5!@&#<(!7W!)#>#)()!;J!&#<(!7_F! =

7DL!"50<)0.)!%0.(<53K!G-<5.#;/5#-<!:-.!54(!35/)(<5!:-.!<#<(N$-<54!(<.-&&$(<5!@:.-$!&#<(!T\F! I

B8. Difference (line B6 minus line B7) =

7EL!g#>#)(!&#<(!7\!;J!AT!$-<543! ÷ 12

7AUL!c0.(<53K!G-<5.#;/5#-<!%(.!$-<54! =

7AAL!8/$;(.!-:!$-<543!35/)(<5!9#&&!;(!(<.-&&()!5405!(OG(()!E! ×

7ATL!6)?/35$(<5!5-!%0.(<53K!G-<5.#;/5#-<!!!!!!!!!:-.!$-<543!5405!(OG(()!<#<(!@$/&5#%&J!&#<(!7AU!;J!&#<(!7AAF! =

7ARL!"50<)0.)!%0.(<53K!G-<5.#;/5#-< for ninemonth enrollment (from line 28) +

B14. Parents’ contribution for MORE than ninemonth enrollment =

,AL!"5/)(<5K3!G-<5.#;/5#-<!:.-$!6V!!!!!!!@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!WWF

,TL!g#>#)(!;J!E! ÷ 9

,RL!"5/)(<5K3!G-<5.#;/5#-<!:.-$!6V!%(.!$-<54! =

C4. Multiply by number of months of enrollment ×

C5. Student’s contribution from AI for LESS than ninemonth enrollment =


Parents’ Contribution—use ONE appropriate amount from previous page: !!S!*<5(.!0$-/<5!:.-$!&#<(!6_!:-.!(<.-&&$(<5!%(.#-)3!&(33!540<!<#<(!$-<543!OR!!S!*<5(.!0$-/<5!:.-$!&#<(!7AW!:-.!(<.-&&$(<5!%(.#-)3!H.(054(.!540<!<#<(!$-<543!!!!!

Student’s Contribution from Available Income—use ONE appropriate amount from previous page:

!!S!*<5(.!0$-/<5!:.-$!&#<(!,_!:-.!(<.-&&$(<5!%(.#-)3!&(33!540<!<#<(!$-<543!OR f!!S!*<5(.!0$-/<5!:.-$!&#<(!WW!:-.!(<.-&&$(<5!%(.#-)3!H.(05(.!540<!<#<(!$-<543!

Expected Family Contribution for periods of enrollment other than nine months =

Calculation of Total Expected Family Contribution for Periods of Enrollment Other than Nine Months

SIMPLIFIEDWORKSHEETPage 4 A


Table A1: State and Other Tax Allowancefor EFC Formula Worksheet A (parents only)

STATE PERCENT OF TOTAL INCOME

$0$14,999 $15,000 or more


$0$14,999 $15,000 or more

]/&5#%&J!c0.(<53K!M-50&!V<G-$(!@*+,!+-.$/&0!1-.234((5!6C!&#<(!DF!;J!54(!0%%.-%.#05(!.05(!:.-$!54(!50;&(!0;->(!5-!H(5!54(!h"505(!0<)!b54(.!M0O!6&&-90<G(i!@*+,!+-.$/&0!1-.234((5!6C!&#<(!EFL!![3(!54(!%0.(<53K!"505(!-:!j(H0&!P(3#)(<G( @+6+"6="6P!QBEFL!!V:!54#3!#5($!#3!;&0<2!-.!#<>0&#)C!/3(!54(!35/)(<5K3!"505(!-:!j(H0&!P(3#)(<G( @+6+"6="6P!QA\FL!!V:!;-54!#5($3!0.(!;&0<2!-.!#<>0&#)C!/3(!54(!"505(!#<!54(!"5/)(<5K3!]0#&#<H!6)).(33!(FAFSA/"6P!QBFL!!V:!0&&!54.((!#5($3!0.(!;&0<2!-.!#<>0&#)C!/3(!54(!.05(!:-.!0!;&0<2!-.!#<>0&#)!3505( above.

Alabama ........................ R` .................... TÀlaska ........................... T` .................... AÀmerican Samoa ........... R` .................... TÀrizona ......................... _` .................... WÀrkansas ....................... W` .................... R`California ...................... \` .................... D`,0<0)0!0<)!,0<0)#0< Provinces ................. R` .................... T`,-&-.0)- ....................... _` .................... W`Connecticut ................... \` .................... D`Delaware ....................... _` .................... W`District of Columbia ..... \` .................... D`+()(.05()!"505(3 of Micronesia ........... R` .................... T`+&-.#)0 ........................... W` .................... R`d(-.H#0.......................... B` .................... _`d/0$ ............................. R` .................... T`Hawaii ........................... _` .................... W`V)04- ............................. _` .................... WÌllinois ........................... _` .................... W`V<)#0<0 .......................... W` .................... RÌowa .............................. _` .................... W`Kansas ........................... _` .................... W`Kentucky ....................... B` .................... _`Louisiana ....................... W` .................... R`Maine ............................ B` .................... _`]0.340&&!V3&0<)3 ............ R` .................... T`]0.J&0<) ....................... E` .................... \`Massachusetts ............... D` .................... B`Mexico .......................... R` .................... T`Michigan ....................... _` .................... W`Minnesota ..................... D` .................... B`Mississippi .................... R` .................... T`

Missouri ........................ _` .................... W`Montana ........................ _` .................... W`Nebraska ....................... _` .................... W`8(>0)0 .......................... R` .................... T`New Hampshire ............ _` .................... W`New Jersey .................... E` .................... \`New Mexico .................. R` .................... T`New York .................... AU` .................... E`North Carolina .............. B` .................... _`North Dakota ................ R` .................... T`Northern Mariana ! V3&0<)3 ...................... R` .................... TÒhio .............................. B` .................... _Òklahoma ...................... W` .................... RÒregon .......................... \` .................... D`Palau ............................. R` .................... T`Pennsylvania ................. B` .................... _`Puerto Rico ................... R` .................... T`P4-)(!V3&0<) ................. D` .................... B`South Carolina .............. _` .................... W`South Dakota ................ T` .................... A`Tennessee ...................... T` .................... A`Texas ............................. R` .................... TÙtah ............................... _` .................... W`Vermont ......................... B` .................... _`k#.H#<!V3&0<)3 ................ R` .................... T`Virginia ......................... B` .................... _`Washington ................... W` .................... R`West Virginia ................ R` .................... T`Wisconsin ...................... \` .................... D`Wyoming ....................... T` .................. LLA`7&0<2!-.!V<>0&#) State ......................... R` .................... TÒTHER ......................... R` .................... T`


Table A2: Social Security Tax

,0&G/&05(!3(%0.05(&J!54(!"-G#0&!"(G/.#5J!50O!-:!:054(.C!$-54(.C!0<)!35/)(<5L

Table A4: Business/Farm Net Worth Adjustmentfor EFC Formula Worksheet A (parents only)

Table A3: Income Protection Allowance

8/$;(.!#<!%0.(<53K!4-/3(4-&)C!#<G&/)#<H!

35/)(<5(FAFSA/SAR #72)

8/$;(.!-:!G-&&(H(!35/)(<53!#<!4-/3(4-&)!@+6+"6="6P!QDRF

8-5(^!!!+-.!(0G4!0))#5#-<0&!:0$#&J!$($;(.C!0))!aRCERUL!!!!!!!!!!!!+-.!(0G4!0))#5#-<0&!G-&&(H(!35/)(<5!@(OG(%5!%0.(<53FC!3/;5.0G5!aTCDEUL

If the net worth of a Then the adjusted

business or farm is— net worth is—

Less than $1 $0

aA!5-!!aAA_CUUU! WU`!-:!<(5!9-.54!-:!;/3#<(33=:0.$

aAA_CUUA!5-!!aR_UCUUU! a!!WBCUUU! f!! _U`!! -:!<(5!9-.54!!->(.!aAA_CUUU

aR_UCUUA!5-!!a_\_CUUU! aABRC_UU! f!! BU`!! -:!<(5!9-.54!!->(.!aR_UCUUU

a_\_CUUA!-.!$-.(! aRUWC_UU! f! AUU`!! -:!<(5!9-.54!!->(.!a_\_CUUU

Income Earned from Work* Social Security Tax

aU!N!aAUBC\UU! DLB_`!-:!#<G-$(

aAUBC\UA!-.!H.(05(.! a\CADULTU!!f!ALW_`!-:!0$-/<5!->(.!aAUBC\UU

l+054(.K3=35(%:054(.K3!TUAA!#<G-$(!(0.<()!:.-$!9-.2!#3!+6+"6="6P!Q\BL! ]-54(.K3=35(%$-54(.K3!TUAA!#<G-$(!(0.<()!:.-$!9-.2!#3!+6+"6="6P!Q\DL! "5/)(<5K3!TUAA!#<G-$(!(0.<()!:.-$!9-.2!#3!+6+"6="6P!QR\L! Social Security tax will never be less than zero.

1 2 3 4 T!L!L!L!L!L!L!L!L!L!L! aABCREU!!!!!!!!!aARC_EU! eee! eee! eee! R!L!L!L!L!L!L!L!L!L!L! TUCWAU!!!!!!!!!!!ADCBTU! !!!!!!!aAWC\TU! eee! eee

W!L!L!L!L!L!L!L!L!L!L! T_CTAU!!!!!!!!!!!TTCWUU! !!!!!!!!!AECBTU!!!!!!!!!aABC\AU! eee! 5 . . . . . . . . . . 29,740 26,940 24,150 21,340 $18,560 6 . . . . . . . . . . 34,790 31,990 29,200 26,390 23,600

5


25 or less $0 $026............... 2,400 80027............... 4,900 1,70028............... 7,300 2,50029............... 9,700 3,40030............... 12,200 4,20031............... 14,600 5,10032............... 17,000 5,90033............... 19,500 6,80034............... 21,900 7,60035............... 24,300 8,50036............... 26,800 9,30037............... 29,200 10,20038............... 31,600 11,00039............... 34,100 11,90040............... 36,500 12,70041............... 37,500 13,00042............... 38,400 13,30043............... 39,300 13,60044............... 40,300 13,900

Age of older

parent as of

12/31/2012*

Allowance if there aretwo parents

Allowance if there is only one parent

Age of older

parent as of

12/31/2012*

Allowance if there are two parents

Allowance if there is only one parent

Table A6: Parents’ Contribution from AAI

If parents’ AAI is— The parents’ contribution from AAI is—

Less than $3,409 $750

NaRCWUE!!! !5-! aAWCBUU! TT`!-:!66V

aAWCBUA! 5-! aA\CWUU! aRCTAT! f! T_`!-:!66V!->(.!! aAWCBUU

aA\CWUA! 5-! aTTCAUU! aWCABT! f! TE`!-:!66V!->(.!! aA\CWUU aTTCAUA! 5-! aT_CEUU! a_CTR_! f! RW`!-:!66V!->(.!! aTTCAUU

aT_CEUA! 5-! aTECBUU! aBC_TD! f! WU`!-:!66V!->(.!! aT_CEUU

aTECBUA!-.!$-.(! ! a\CUUD! f! WD`!-:!66V!->(.!! aTECBUU

Table A5: Education Savings and Asset Protection Allowance

for EFC Formula Worksheet A (parents only)

lg(5(.$#<(!54(!0H(!-:!54(!-&)(.!%0.(<5!&#35()!#<!+6+"6="6P!QBR!0<)!QBD!03!-:!AT=RA=TUATL!!!!V:!<-!%0.(<5!)05(!-:!;#.54!#3!%.->#)()C!/3(!0H(!W_L

45............... $41,300 $14,20046............... 42,300 14,50047............... 43,400 14,90048............... 44,400 15,20049............... 45,500 15,600 50............... 46,600 16,000 51............... 48,000 16,30052............... 49,200 16,70053............... 50,700 17,10054............... 51,900 17,50055............... 53,400 17,90056............... 54,700 18,50057............... 56,300 18,90058............... 58,000 19,40059............... 59,700 19,90060............... 61,400 20,40061............... 63,100 20,900 62............... 65,000 21,500 63............... 66,800 22,100 64............... 68,700 22,700 65 or over .. 71,000 23,300


]/&5#%&J!54(!35/)(<5K3!5-50&!#<G-$(!@*+,!+-.$/&0!1-.234((5!6C!&#<(!R_F!;J!54(!0%%.-%.#05(!.05(!:.-$!54(!50;&(!0;->(!5-!H(5!54(!h3505(!0<)!-54(.!50O!0&&-90<G(i!@*+,!+-.$/&0!1-.234((5!6C!&#<(!RDFL!![3(!54(!35/)(<5K3!3505(!-:!&(H0&!.(3#)(<G(!@+6+"6="6P!QA\FL!!V:!54#3!#5($!#3!;&0<2!-.!#<>0&#)C!/3(!54(!3505(!#<!54(!35/)(<5K3!$0#&#<H!0)).(33!@+6+"6="6P!QBFL!!V:!;-54!#5($3!0.(!;&0<2!-.!#<>0&#)C!/3(!54(!%0.(<53K!3505(!-:!&(H0&!.(3#)(<G(!@+6+"6="6P!QBEFL!!V:!0&&!54.((!#5($3!0.(!;&0<2!-.!#<>0&#)C!/3(!54(!.05(!:-.!0!;&0<2!-.!#<>0&#)!3505(!0;->(L

Table A7: State and Other Tax Allowancefor EFC Formula Worksheet A (student only)

Alabama ............................................ TÀlaska ............................................... UÀmerican Samoa ............................... RÀrizona ............................................. RÀrkansas ........................................... R`California .......................................... _`,0<0)0!0<)!,0<0)#0< Provinces ..................................... R`,-&-.0)- ........................................... R`Connecticut ....................................... _`Delaware ........................................... W`District of Columbia ......................... B`+()(.05()!"505(3! of Micronesia ............................... R`+&-.#)0 ............................................... A`d(-.H#0.............................................. W`d/0$ ................................................. R`Hawaii ............................................... W`V)04- ................................................. WÌllinois ............................................... T`V<)#0<0 .............................................. RÌowa .................................................. R`Kansas ............................................... R`Kentucky ........................................... W`Louisiana ........................................... T`Maine ................................................ W`]0.340&&!V3&0<)3 ................................ R`]0.J&0<) ........................................... B`Massachusetts ................................... W`Mexico .............................................. R`Michigan ........................................... R`Minnesota ......................................... _`Mississippi ........................................ T`

Missouri ............................................ R`Montana ............................................ R`Nebraska ........................................... R`8(>0)0 .............................................. A`New Hampshire ................................ A`New Jersey ........................................ _`New Mexico ...................................... T`New York .......................................... D`North Carolina .................................. W`North Dakota .................................... A`8-.54(.<!]0.#0<0!V3&0<)3 ................. RÒhio .................................................. WÒklahoma .......................................... RÒregon .............................................. _`Palau ................................................. R`Pennsylvania ..................................... R`Puerto Rico ....................................... R`P4-)(!V3&0<) ..................................... W`South Carolina .................................. W`South Dakota .................................... A`Tennessee .......................................... A`Texas ................................................. AÙtah ................................................... W`Vermont ............................................. R`k#.H#<!V3&0<)3 .................................... R`Virginia ............................................. W`Washington ....................................... A`West Virginia .................................... R`Wisconsin .......................................... W`Wyoming ........................................... A`7&0<2!-.!V<>0&#)!"505( ....................... RÒTHER ............................................. R`



TOTAL ALLOWANCES (from line 14) I

15. AVAILABLE INCOME (AI) =


17. CONTRIBUTION FROM AI =

May be a negative number.

BREGULAR WORKSHEETPage 1

CONTRIBUTION FROM AVAILABLE INCOME

20122013 EFC FORMULA B : INDEPENDENT STUDENT

Without Dependent(s) Other than a Spouse

*Do not!#<G&/)(!54(!35/)(<5K3!4-$(L**To calculate the EFC for less than ninemonth enrollment, 3((!54(!<(O5!%0H(L!V:!54(!35/)(<5!#3!(<.-&&()!:-.!$-.(!540<!<#<(!months, use the ninemonth EFC (line 29 above).


CONTRIBUTION FROM AI (from line 17)May be a negative number.


27. Contribution from AI and assets =


(FAFSA/SAR #94) ÷

29. EXPECTED FAMILY CONTRIBUTION for nine month enrollment. If negative, enter zero.** =




21.! 6)?/35()!<(5!9-.54!-:!;/3#<(33=:0.$ (Calculate using Table B3.) +

22. Net worth @3/$!-:!&#<(3!A\C!AEC!0<)!TAF!! =

23. Asset protection allowance (Table B4) I



26. CONTRIBUTION FROM ASSETS If negative, enter zero.

STUDENT’S/SPOUSE’S CONTRIBUTION FROM ASSETS

8.! TUAA![L"L! #<G-$(! 50O!%0#)! @+6+"6="6P!QRBF@50O!'&(.3! -<&JF! ! V:! <(H05#>(C! (<5(.! Z(.-L

9.! ! "505(! 0<)!-54(.! 50O! 0&&-90<G(! (Table B1) If negative, enter zero. +

10. "5/)(<5K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!7TF! ! ! +

11. "%-/3(K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!7TF! +

12. Income protection allowance: ! S! aECRRU!:-.!3#<H&(C! 3(%0.05()!-.!

! ! ! )#>-.G()=9#)-9()! 35/)(<5m

! S! aECRRU!:-. $0..#()!35/)(<5! #:! 3%-/3(! #3! ! ! ! ! ! ! ! ! ! (<.-&&()!05! &(035!A=T! 5#$(m! ! S! aAWCEBU!:-.!$0..#()!35/)(<5! #:! 3%-/3(! #3!<-5! !! ! (<.-&&()!05! &(035!A=T! 5#$(L! ! ! ! ! ! ! ! ! ! ! + 13. Employment expense allowance: ! S! V:! 35/)(<5! #3!<-5!$0..#()!-.! #3! 3(%0.05()C! the allowance is zero. ! S! V:! 35/)(<5! #3!$0..#()!;/5!-<&J!-<(!%(.3-<! #3!! ! 9-.2#<H! @54(! 35/)(<5!-.! 3%-/3(FC! 54(! allowance is zero. ! S! V:! 35/)(<5! #3!$0..#()!0<)!;-54! 35/)(<5! 0<)! spouse are working, the allowance is ! ! R_`!-:! 54(! &(33(.!-:! 54(!(0.<()! #<G-$(3C! ! or $3,600, whichever is less. +


ALLOWANCES AGAINST STUDENT/SPOUSE INCOME

STUDENT/SPOUSE INCOME IN 2011

1.! "5/)(<5K3!0<)!3%-/3(K3!6)?/35()!d.-33!V<G-$( (FAFSA/SAR #35) If negative, enter zero.

2. a.! "5/)(<5K3!#<G-$(!(0.<()!:.-$!9-.2 (FAFSA/SAR #38) __________

2. b.! "%-/3(K3!#<G-$(!(0.<()!:.-$!9-.2! (FAFSA/SAR #39) + __________

! M-50&!35/)(<5=3%-/3(!#<G-$(!(0.<()!:.-$!9-.2! =

3.! "5/)(<5=3%-/3(!M0O0;&(!V<G-$(!@V:!50O!'&(.3C!(<5(.!54(!0$-/<5!:.-$!&#<(!A!0;->(L! !! V:!<-<N50O!'&(.3C!(<5(.!54(!0$-/<5!:.-$!&#<(!TLF

4.! !M-50&!/<50O()!#<G-$(!0<)!;(<('53!!!!!!!@3/$!5-50&!-:!+6+"6="6P!QWWL0L!54.-/H4!WWL?LF!!!!!!!!!!!!!!!!! +

5. !M0O0;&(!0<)!/<50O()!#<G-$(!!!!!!@3/$!-:!&#<(!R!0<)!&#<(!WF! =

6. !M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-<!! (sum total of FAFSA/SAR #43.a. through 43.f.) ! ! !!!!!!!!!!!!I 7. TOTAL INCOME







l"/;35#5/5(!54(!35/)(<5K3!*+,!:-.!&(33!540<!<#<(N$-<54!(<.-&&$(<5!#<!%&0G(!-:!54(!*+,!:-.!54(!350<)0.)!<#<(N$-<54!(<.-&&$(<5!@*+,!Formula Worksheet B, line 29).

*O%(G5()!+0$#&J!,-<5.#;/5#-<@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!TEF

g#>#)(!;J!E! ÷ 9

*O%(G5()!+0$#&J!,-<5.#;/5#-<!%(.!$-<54! =

Multiply by number of months of enrollment ×

Expected Family Contribution for less than ninemonth enrollment* =

Calculation of Expected Family Contribution for a Student Enrolled for Less than Nine Months

REGULAR WORKSHEETPage 2 B


20122013 EFC FORMULA B : INDEPENDENT STUDENT

Without Dependent(s) Other than a Spouse



15. AVAILABLE INCOME (AI) =


17. CONTRIBUTION FROM AI =

May be a negative number.

BSIMPLIFIED WORKSHEETPage 1

CONTRIBUTION FROM AVAILABLE INCOME




21.! 6)?/35()!<(5!9-.54!-:!;/3#<(33=:0.$ (Calculate using Table B3.) +

22. Net worth @3/$!-:!&#<(3!A\C!AEC!0<)!TAF!! !!! =

23. Asset protection allowance (Table B4) I





Note: Do not!"#$%&'('!()'!*)+,',!+-'+*3!+**'(!./4#-$+(.#/!.*!/#(!-'56.-',!./!()'!*.$%&.0',!4#-$6&+7


*Do not!#<G&/)(!54(!35/)(<5K3!4-$(L**To calculate the EFC for less than ninemonth enrollment, see the next %0H(L!V:!54(!35/)(<5!#3!(<.-&&()!:-.!$-.(!540<!<#<(!$-<543C!/3(!54(!<#<(N!!!!month EFC (line 29 above).

CONTRIBUTION FROM AI (from line 17)May be a negative number.


27. Contribution from AI and assets =


(FAFSA/SAR #94) ÷

29. EXPECTED FAMILY CONTRIBUTION for ninemonth enrollment. If negative, enter zero.** =


8.! TUAA![L"L! #<G-$(! 50O!%0#)! @+6+"6="6P!QRBF! ! @50O!'&(.3! -<&JF! ! V:! <(H05#>(C! (<5(.! Z(.-L

9.! "505(! 0<)!-54(.! 50O! 0&&-90<G(! (Table B1) If negative, enter zero. +

10. "5/)(<5K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!7TF! +

11. "%-/3(K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!7TF! +

12. Income protection allowance: ! S! aECRRU! :-.! 3#<H&(C! 3(%0.05()!-.!

! ! ! )#>-.G()=9#)-9()! 35/)(<5m

! S! aECRRU! :-. $0..#()! 35/)(<5! #:! 3%-/3(! #3! ! !! ! (<.-&&()! 05! &(035! A=T! 5#$(m! ! S! aAWCEBU! :-.!$0..#()! 35/)(<5! #:! -<&J! 54(! !! ! 35/)(<5! #3! (<.-&&()! 05! &(035! A=T! 5#$(L! ! ! ! + 13. Employment expense allowance: ! S! V:! 35/)(<5! #3!<-5!$0..#()!-.! #3! 3(%0.05()C! the allowance is zero. ! S! V:! 35/)(<5! #3!$0..#()!;/5!-<&J!-<(!%(.3-<! #3!! ! 9-.2#<H! @54(!35/)(<5!-.! 3%-/3(FC! 54(! allowance is zero. ! S! V:! 35/)(<5! #3!$0..#()!0<)!;-54!35/)(<5!0<)!! ! 3%-/3(!0.(!9-.2#<HC! 54(!0&&-90<G(! #3!R_`! ! -:! 54(! &(33(.!-:! 54(!(0.<()! #<G-$(3C!-.! $3,600, whichever is less. +




2. a.! "5/)(<5K3!#<G-$(!(0.<()!:.-$!9-.2 (FAFSA/SAR #38) __________

2. b.! "%-/3(K3!#<G-$(!(0.<()!:.-$!9-.2! (FAFSA/SAR #39) + __________

! M-50&!35/)(<5=3%-/3(!#<G-$(!(0.<()!:.-$!9-.2!!!!!!!!!!!!!!!!!!!!!!=


4.! M-50&!/<50O()!#<G-$(!0<)!;(<('53!!!!!!!@3/$!5-50&!-:!+6+"6="6P!QWWL0L!54.-/H4!WWL?LF!!!!!!!!!!!!! +

5. M0O0;&(!0<)!/<50O()!#<G-$(!!!!!@3/$!-:!&#<(!R!0<)!&#<(!WF! =

6. M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-<!! (sum total of FAFSA/SAR #43.a. through 43.f.) !I 7. TOTAL INCOME







SIMPLIFIEDWORKSHEETPage 2


l"/;35#5/5(!54(!35/)(<5K3!*+,!:-.!&(33!540<!<#<(N$-<54!(<.-&&$(<5!#<!%&0G(!-:!54(!*+,!:-.!54(!350<)0.)!<#<(N$-<54!(<.-&&$(<5! (EFC Formula Worksheet B, line 29.)

*O%(G5()!+0$#&J!,-<5.#;/5#-<@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!TEF

g#>#)(!!;J!!E! ÷ 9

*O%(G5()!+0$#&J!,-<5.#;/5#-<!%(.!$-<54! =



B


Table B1: State and Other Tax Allowance

! ]/&5#%&J!54(!5-50&!#<G-$(!-:!35/)(<5!0<)!3%-/3(!@*+,!+-.$/&0!1-.234((5!7C!&#<(!DF!;J!54(!0%%.-%.#05(!.05(!:.-$!54(!50;&(!0;->(!5-!H(5!54(!h3505(!0<)!-54(.!50O!0&&-90<G(i!@*+,!+-.$/&0!1-.234((5!7C!&#<(!EFL![3(!54(!35/)(<5K3!"505(!-:!j(H0&!P(3#)(<G(!@+6+"6="6P!QA\F!.(%-.5()!-<!54(!+6+"6L!!V:!54#3!#5($!#3!;&0<2!-.!#<>0&#)C!/3(!54(!"505(!#<!54(!"5/)(<5K3!]0#&#<H!6)).(33!@+6+"6="6P!QBFL!!V:!;-54!#5($3!0.(!;&0<2!-.!#<>0&#)C!/3(!.05(!:-.!;&0<2!-.!#<>0&#)!3505(!0;->(L!

Alabama ............................................ TÀlaska ............................................... UÀmerican Samoa ............................... RÀrizona ............................................. RÀrkansas ........................................... R`California .......................................... _`,0<0)0!0<)!,0<0)#0< Provinces ..................................... R`,-&-.0)- ........................................... R`Connecticut ....................................... _`Delaware ........................................... W`District of Columbia ......................... B`+()(.05()!"505(3! of Micronesia ............................... R`+&-.#)0 ............................................... A`d(-.H#0.............................................. W`d/0$ ................................................. R`Hawaii ............................................... W`V)04- ................................................. WÌllinois ............................................... T`V<)#0<0 .............................................. RÌowa .................................................. R`Kansas ............................................... R`Kentucky ........................................... W`Louisiana ........................................... T`Maine ................................................ W`]0.340&&!V3&0<)3 ................................ R`]0.J&0<) ........................................... B`Massachusetts ................................... W`Mexico .............................................. R`Michigan ........................................... R`Minnesota ......................................... _`Mississippi ........................................ T`

Missouri ............................................ R`Montana ............................................ R`Nebraska ........................................... R`8(>0)0 .............................................. A`New Hampshire ................................ A`New Jersey ........................................ _`New Mexico ...................................... T`New York .......................................... D`North Carolina .................................. W`North Dakota .................................... A`8-.54(.<!]0.#0<0!V3&0<)3 ................. RÒhio .................................................. WÒklahoma .......................................... RÒregon .............................................. _`Palau ................................................. R`Pennsylvania ..................................... R`Puerto Rico ....................................... R`P4-)(!V3&0<) ..................................... W`South Carolina .................................. W`South Dakota .................................... A`Tennessee .......................................... A`Texas ................................................. AÙtah ................................................... W`Vermont ............................................. R`k#.H#<!V3&0<)3 .................................... R`Virginia ............................................. W`Washington ....................................... A`West Virginia .................................... R`Wisconsin .......................................... W`Wyoming ........................................... A`7&0<2!-.!V<>0&#)!"505( ....................... RÒTHER ............................................. R`


l"5/)(<5K3!TUAA!#<G-$(!(0.<()!:.-$!9-.2!#3!+6+"6="6P!QR\L! "%-/3(K3!TUAA!#<G-$(!(0.<()!:.-$!9-.2!#3!+6+"6="6P!QREL Social Security tax will never be less than zero.

Table B2: Social Security Tax

,0&G/&05(!3(%0.05(&J!54(!"-G#0&!"(G/.#5J!50O!-:!35/)(<5!0<)!3%-/3(L

Table B3: Business/Farm Net Worth Adjustment



aAUBC\UA!-.!H.(05(.! a\CADULTU!f!ALW_`!-:!0$-/<5!->(.!aAUBC\UU



Less than $1 $0

aA!5-!!aAA_CUUU! WU`!-:!<(5!9-.54!-:!;/3#<(33=:0.$





!!lg(5(.$#<(!35/)(<5K3!0H(!03!-:!AT=RA=TUAT!:.-$!35/)(<5K3!)05(!-:!;#.54!@+6+"6="6P!QEF

Table B4: Asset Protection Allowance

Age of student

as of 12/31/2012* ]0..#()"5/)(<5

[<$0..#()!"5/)(<5

6&&-90<G(!:-.e!Age of student

as of 12/31/2012* ]0..#()"5/)(<5

[<$0..#()!"5/)(<5

6&&-90<G(!:-.e!

25 or less $0 $026............... 2,400 80027............... 4,900 1,70028............... 7,300 2,50029............... 9,700 3,40030............... 12,200 4,20031............... 14,600 5,10032............... 17,000 5,90033............... 19,500 6,80034............... 21,900 7,60035............... 24,300 8,50036............... 26,800 9,30037............... 29,200 10,20038............... 31,600 11,00039............... 34,100 11,90040............... 36,500 12,70041............... 37,500 13,00042............... 38,400 13,30043............... 39,300 13,60044............... 40,300 13,900

45............... $41,300 $14,20046............... 42,300 14,50047............... 43,400 14,90048............... 44,400 15,20049............... 45,500 15,600 50............... 46,600 16,000 51............... 48,000 16,30052............... 49,200 16,70053............... 50,700 17,10054............... 51,900 17,50055............... 53,400 17,90056............... 54,700 18,50057............... 56,300 18,90058............... 58,000 19,40059............... 59,700 19,90060............... 61,400 20,40061............... 63,100 20,900 62............... 65,000 21,500 63............... 66,800 22,100 64............... 68,700 22,700 65 or over .. 71,000 23,300


This page left blank intentionally.


20122013 EFC FORMULA C : INDEPENDENT STUDENT

With Dependent(s) Other than a Spouse





AVAILABLE INCOME




19.! 6)?/35()!<(5!9-.54!-:!;/3#<(33=:0.$ (Calculate using Table C4.) +

20. Net worth @3/$!-:!&#<(3!ABC!ADC!0<)!AEF!! =

21. Asset protection allowance (Table C5) I





REGULAR WORKSHEETPage 1 C

**Do not!#<G&/)(!54(!35/)(<5K3!4-$(L***To calculate the EFC for less than ninemonth enrollment, see the

<(O5!%0H(L!V:!54(!35/)(<5!#3!(<.-&&()!:-.!$-.(!540<!<#<(!$-<543C!/3(!54(!ninemonth EFC (line 28 above).





26. Total contribution from AAI

(Calculate using Table C6.) If negative, enter zero.


(FAFSA/SAR #94) ÷

28. EXPECTED FAMILY CONTRIBUTION for nine month enrollment. If negative, enter zero.***

A


9.! "505(! 0<)!-54(.! 50O! 0&&-90<G(! (Table C1) If negative, enter zero. +

10. "5/)(<5K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!,TF! ! ! ! ! ! ! ! !+

11. "%-/3(K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!,TF! ! ! ! ! ! ! ! !+

12. Income protection allowance (Table C3) + 13. Employment expense allowance: ! S! "5/)(<5! 0<)! 3%-/3(!;-54!9-.2#<H^! R_`!-:! 54(!! ! &(33(.! -:! 54(! (0.<()! #<G-$(3C! -.! aRCBUUC! whichever is less

S! b<(N%0.(<5! :0$#&#(3^! R_`!-:! (0.<()! #<G-$(C or $3,600, whichever is less S! "5/)(<5! -.! 3%-/3(!9-.2#<H! @<-5! ;-54F^! Z(.-! ! ! ! !+




S! M4(!35/)(<5!@0<)!54(!35/)(<5K3!3%-/3(C!#:!0<JF!0.(!(&#H#;&(!5-!'&(!0!TUAA!!!!!VP"!+-.$!AUWU6!-.!AUWU*X!@54(J!0.(!<-5!.(Y/#.()!5-!'&(!0!TUAA!+-.$ !!!AUWUF!-.!54(J!0.(!<-5!.(Y/#.()!5-!'&(!0<J!#<G-$(!50O!.(5/.<!or S!!6<J-<(!#<G&/)()!#<!54(!35/)(<5K3!4-/3(4-&)!3#Z(!@03!)('<()!-<!54( !!!+6+"6F!.(G(#>()!;(<('53!)/.#<H!TUAU!-.!TUAA!:.-$!0<J!-:!54(! !!!)(3#H<05()!$(0<3N5(35()!+()(.0&!;(<('5!%.-H.0$3!or S!!M4(!35/)(<5!@-.!54(!35/)(<5K3!3%-/3(C!#:!0<JF!#3!0!)#3&-G05()!9-.2(.





2. a.! "5/)(<5K3!#<G-$(!(0.<()!:.-$!9-.2 (FAFSA/SAR #38) __________

2. b.! "%-/3(K3!#<G-$(!(0.<()!:.-$!9-.2! (FAFSA/SAR #39) + __________

! M-50&!35/)(<5=3%-/3(!#<G-$(!(0.<()!:.-$!9-.2! =


4.! !M-50&!/<50O()!#<G-$(!0<)!;(<('53!!!!!!!@3/$!5-50&!-:!+6+"6="6P!QWWL0L!54.-/H4!WWL?LF!!!!!!!!!!!!! +

5. !M0O0;&(!0<)!/<50O()!#<G-$(!!!!!!@3/$!-:!&#<(!R!0<)!&#<(!WF! =

6. !M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-<!! (sum total of FAFSA/SAR #43.a. through 43.f.) I 7. TOTAL INCOME



*O%(G5()!+0$#&J!,-<5.#;/5#-<@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!T\F

g#>#)(!;J!E! ÷ 9

*O%(G5()!+0$#&J!,-<5.#;/5#-<!%(.!$-<54! =







!!!l"/;35#5/5(!54(!35/)(<5K3!*+,!:-.!&(33!540<!<#<(N$-<54!(<.-&&$(<5!#<!%&0G(!-:!54(!*+,!:-.!54(!350<)0.)!<#<(N$-<54!(<.-&&$(<5! (EFC Formula Worksheet C, line 28).

CREGULAR WORKSHEETPage 2




9.! "505(! 0<)!-54(.! 50O! 0&&-90<G(! (Table C1) If negative, enter zero. +

10. "5/)(<5K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!,TF! +

11. "%-/3(K3!"-G#0&!"(G/.#5J! 50O! @M0;&(!,TF! +

12. Income protection allowance (Table C3) +

13. Employment expense allowance: ! S! "5/)(<5!0<)!3%-/3(!;-54!9-.2#<H^!R_`!-:! 54(!! ! &(33(.! -:! 54(! (0.<()! #<G-$(3C! -.! aRCBUUC! whichever is less

S! b<(N%0.(<5! :0$#&#(3^! R_`!-:! (0.<()! #<G-$(C or $3,600, whichever is less S! "5/)(<5! -.! 3%-/3(!9-.2#<H! @<-5! ;-54F^! Z(.-! +


20122013 EFC FORMULA C : INDEPENDENT STUDENT

With Dependent(s) Other than a Spouse




S! M4(!35/)(<5!@0<)!54(!35/)(<5K3!3%-/3(C!#:!0<JF!0.(!(&#H#;&(!5-!'&(!0!TUAA!!!VP"!+-.$!AUWU6!-.!AUWU*X!@54(J!0.(!<-5!.(Y/#.()!5-!'&(!0!TUAA!+-.$ !!!AUWUF!-.!54(J!0.(!<-5!.(Y/#.()!5-!'&(!0<J!#<G-$(!50O!.(5/.<!or S!!6<J-<(!#<G&/)()!#<!54(!35/)(<5K3!4-/3(4-&)!3#Z(!@03!)('<()!-<!54( !!!+6+"6F!.(G(#>()!;(<('53!)/.#<H!TUAU!-.!TUAA!:.-$!0<J!-:!54( !!!)(3#H<05()!$(0<3N5(35()!+()(.0&!;(<('5!%.-H.0$3!or S!!M4(!35/)(<5!@-.!54(!35/)(<5K3!3%-/3(C!#:!0<JF!#3!0!)#3&-G05()!9-.2(.



Note: Do not!"#$%&'('!()'!*)+,',!+-'+*3!+**'(!./4#-$+(.#/!.*!/#(!-'56.-',!./!()'!*.$%&.0',!4#-$6&+7

**Do not #<G&/)(!54(!35/)(<5K3!4-$(L***To calculate the EFC for less than ninemonth enrollment, see the next

%0H(L!V:!54(!35/)(<5!#3!(<.-&&()!:-.!$-.(!540<!<#<(!$-<543C!/3(!54(!<#<(Nmonth EFC (line 28 above).



CONTRIBUTIONS FROM ASSETS (from line 24) +

25. Adjusted available income (AAI) May be a negative number. =

26. Total contribution from AAI

(Calculate using Table C6.) If negative, enter zero.


(FAFSA/SAR #94) ÷

28. EXPECTED FAMILY CONTRIBUTION for nine month enrollment. If negative, enter zero.***





CSIMPLIFIEDWORKSHEETPage 1

AVAILABLE INCOME




19.! 6)?/35()!<(5!9-.54!-:!;/3#<(33=:0.$ (Calculate using Table C4.) +

20. Net worth @3/$!-:!&#<(3!ABC!ADC!0<)!AEF!! =

21. Asset protection allowance (Table C5) !I






2. a.! "5/)(<5K3!#<G-$(!(0.<()!:.-$!9-.2 (FAFSA/SAR #38) __________

2. b.! "%-/3(K3!#<G-$(!(0.<()!:.-$!9-.2! (FAFSA/SAR #39) + __________

! M-50&!35/)(<5=3%-/3(!#<G-$(!(0.<()!:.-$!9-.2! =


4.! !M-50&!/<50O()!#<G-$(!0<)!;(<('53!!!!!!!@3/$!5-50&!-:!+6+"6="6P!QWWL0L!54.-/H4!WWL?LF!!!!!!!!!!!!!!!!!! +

5. !M0O0;&(!0<)!/<50O()!#<G-$(!!!!!!@3/$!-:!&#<(!R!0<)!&#<(!WF! =

6. !M-50&!0))#5#-<0&!'<0<G#0&!#<:-.$05#-<!! (sum total of FAFSA/SAR #43.a. through 43.f.) nLI 7. TOTAL INCOME







l"/;35#5/5(!54(!35/)(<5K3!*+,!:-.!&(33!540<!<#<(N$-<54!(<.-&&$(<5!#<!%&0G(!-:!54(!*+,!:-.!54(!350<)0.)!<#<(N$-<54!(<.-&&$(<5! (EFC Formula Worksheet C, line 28).

CSIMPLIFIED WORKSHEETPage 2


*O%(G5()!+0$#&J!,-<5.#;/5#-<@350<)0.)!G-<5.#;/5#-<!:-.!<#<(N$-<54!(<.-&&$(<5C!:.-$!&#<(!T\F

g#>#)(!;J!E! ÷ 9

*O%(G5()!+0$#&J!,-<5.#;/5#-<!%(.!$-<54! =

Multiply by number of months enrollment ×




$0$14,999 $15,000 or more


$0$14,999 $15,000 or more

Table C1: State and Other Tax Allowance

]/&5#%&J!54(!5-50&!#<G-$(!-:!35/)(<5!0<)!3%-/3(!@*+,!+-.$/&0!1-.234((5!,C!&#<(!DF!;J!54(!0%%.-%.#05(!.05(!:.-$!54(!50;&(!0;->(!5-!H(5!54(!h3505(!0<)!-54(.!50O!0&&-90<G(i!@*+,!+-.$/&0!1-.234((5!,C!&#<(!EFL!![3(!54(!35/)(<5K3!"505(!-:!j(H0&!P(3#)(<G(!@+6+"6="6P!QA\F!.(%-.5()!-<!54(!+6+"6L!!V:!54#3!#5($!#3!;&0<2!-.!#<>0&#)C!/3(!54(!"505(!#<!54(!"5/)(<5K3!]0#&#<H!6)).(33!@+6+"6="6P!QBFL!V:!;-54!#5($3!0.(!;&0<2!-.!#<>0&#)C!/3(!54(!.05(!:-.!;&0<2!-.!#<>0&#)!3505(!0;->(L!!

Alabama ........................ R` .................... TÀlaska ........................... T` .................... AÀmerican Samoa ........... R` .................... TÀrizona ......................... _` .................... WÀrkansas ....................... W` .................... R`California ...................... \` .................... D`,0<0)0!0<)!,0<0)#0< Provinces ................. R` .................... T`,-&-.0)- ....................... _` .................... W`Connecticut ................... \` .................... D`Delaware ....................... _` .................... W`District of Columbia ..... \` .................... D`+()(.05()!"505(3 of Micronesia ........... R` .................... T`+&-.#)0 ........................... W` .................... R`d(-.H#0.......................... B` .................... _`d/0$ ............................. R` .................... T`Hawaii ........................... _` .................... W`V)04- ............................. _` .................... WÌllinois ........................... _` .................... W`V<)#0<0 .......................... W` .................... RÌowa .............................. _` .................... W`Kansas ........................... _` .................... W`Kentucky ....................... B` .................... _`Louisiana ....................... W` .................... R`Maine ............................ B` .................... _`]0.340&&!V3&0<)3 ............ R` .................... T`]0.J&0<) ....................... E` .................... \`Massachusetts ............... D` .................... B`Mexico .......................... R` .................... T`Michigan ....................... _` .................... W`Minnesota ..................... D` .................... B`Mississippi .................... R` .................... T`

Missouri ........................ _` .................... W`Montana ........................ _` .................... W`Nebraska ....................... _` .................... W`8(>0)0 .......................... R` .................... T`New Hampshire ............ _` .................... W`New Jersey .................... E` .................... \`New Mexico .................. R` .................... T`New York .................... AU` .................... E`North Carolina .............. B` .................... _`North Dakota ................ R` .................... T`Northern Mariana ! V3&0<)3 ...................... R` .................... TÒhio .............................. B` .................... _Òklahoma ...................... W` .................... RÒregon .......................... \` .................... D`Palau ............................. R` .................... T`Pennsylvania ................. B` .................... _`Puerto Rico ................... R` .................... T`P4-)(!V3&0<) ................. D` .................... B`South Carolina .............. _` .................... W`South Dakota ................ T` .................... A`Tennessee ...................... T` .................... A`Texas ............................. R` .................... TÙtah ............................... _` .................... W`Vermont ......................... B` .................... _`k#.H#<!V3&0<)3 ................ R` .................... T`Virginia ......................... B` .................... _`Washington ................... W` .................... R`West Virginia ................ R` .................... T`Wisconsin ...................... \` .................... D`Wyoming ....................... T` .................. LLA`7&0<2!-.!V<>0&#) State ......................... R` .................... TÒTHER ......................... R` .................... T`


Table C2: Social Security Tax

,0&G/&05(!3(%0.05(&J!54(!"-G#0&!"(G/.#5J!50O!-:!35/)(<5!0<)!3%-/3(L



aAUBC\UA!-.!H.(05(.! a\CADULTU!f!ALW_`!-:!0$-/<5!->(.!aAUBC\UU

l"5/)(<5K3!TUAA!#<G-$(!(0.<()!:.-$!9-.2!#3!+6+"6="6P!QR\L!"%-/3(K3!TUAA!#<G-$(!(0.<()!:.-$!9-.2!#3!+6+"6="6P!QREL Social Security tax will never be less than zero.

Table C3: Income Protection Allowance

8/$;(.!#<!35/)(<5K3!4-/3(4-&)C!#<G&/)#<H!

35/)(<5(FAFSA/SAR #93)

8/$;(.!-:!G-&&(H(!35/)(<53!#<!4-/3(4-&)!@+6+"6="6P!QEWF

8-5(^! +-.!(0G4!0))#5#-<0&!:0$#&J!$($;(.C!0))!a_CBBUL! ! +-.!(0G4!0))#5#-<0&!G-&&(H(!35/)(<5C!3/;5.0G5!aWCUTUL

Table C4: Business/Farm Net Worth Adjustment

1 2 3 4 T!L!L!L!L!L!L!L!L!L! aTRCBRU!!!!!!!!!aAEC_EU! eee! eee! eee! R!L!L!L!L!L!L!L!L!L! TECWTU!!!!!!!!!!!T_CWUU! !!!!!!!aTACRBU! eee! eee

W!L!L!L!L!L!L!L!L!L! RBCRRU!!!!!!!!!!!RTCRUU! !!!!!!!!!T\CT\U!!!!!!!!!aTWCTRU! eee! 5 . . . . . . . . . 42,870 38,820 34,800 30,770 $26,750 6 . . . . . . . . . 50,130 46,100 42,090 38,030 34,020

5



Less than $1 $0

aA!5-!!aAA_CUUU! WU`!-:!<(5!9-.54!-:!;/3#<(33=:0.$





!!lg(5(.$#<(!35/)(<5K3!0H(!03!-:!AT=RA=TUAT!:.-$!35/)(<5K3!)05(!-:!;#.54!@+6+"6="6P!QEF

Table C5: Asset Protection Allowance

Age of student

as of 12/31/2012* ]0..#()"5/)(<5

[<$0..#()!"5/)(<5

6&&-90<G(!:-.e!Age of student

as of 12/31/2012* ]0..#()"5/)(<5

[<$0..#()!"5/)(<5

6&&-90<G(!:-.e!

Table C6: Contribution from AAI

If parents’ AAI is— The parents’ contribution from AAI is—

Less than $3,409 $750

NaRCWUE!!!!5-! aAWCBUU! TT`!-:!66V

aAWCBUA! 5-! aA\CWUU! aRCTAT! f! T_`!-:!66V!->(.!! aAWCBUU

aA\CWUA! 5-! aTTCAUU! aWCABT! f! TE`!-:!66V!->(.!! aA\CWUU aTTCAUA! 5-! aT_CEUU! a_CTR_! f! RW`!-:!66V!->(.!! aTTCAUU

aT_CEUA! 5-! aTECBUU! aBC_TD! f! WU`!-:!66V!->(.!! aT_CEUU

aTECBUA!-.!$-.(! ! a\CUUD! f! WD`!-:!66V!->(.!! aTECBUU

25 or less $0 $026............... 2,400 80027............... 4,900 1,70028............... 7,300 2,50029............... 9,700 3,40030............... 12,200 4,20031............... 14,600 5,10032............... 17,000 5,90033............... 19,500 6,80034............... 21,900 7,60035............... 24,300 8,50036............... 26,800 9,30037............... 29,200 10,20038............... 31,600 11,00039............... 34,100 11,90040............... 36,500 12,70041............... 37,500 13,00042............... 38,400 13,30043............... 39,300 13,60044............... 40,300 13,900

45............... $41,300 $14,20046............... 42,300 14,50047............... 43,400 14,90048............... 44,400 15,20049............... 45,500 15,600 50............... 46,600 16,000 51............... 48,000 16,30052............... 49,200 16,70053............... 50,700 17,10054............... 51,900 17,50055............... 53,400 17,90056............... 54,700 18,50057............... 56,300 18,90058............... 58,000 19,40059............... 59,700 19,90060............... 61,400 20,40061............... 63,100 20,900 62............... 65,000 21,500 63............... 66,800 22,100 64............... 68,700 22,700 65 or over .. 71,000 23,300


This page left blank intentionally.

the efc formula, 20122013 - the college solution efc formula, 20122013 ... because the efc formula...

Documents