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Glossary Financial Aid for Undergraduate Study / Term

Simplified Needs Test

A formula used in the Federal Methodology for families whose Adjusted Gross Income (AGI) is less than $50,000 and who file either the 1040A or 1040EZ IRS forms. In this formula, a family's assets are not included.

Permanent link Simplified Needs Test - Creation date 2020-02-18


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