Federal Pell Grant, Academic Competitiveness Grant, National Science and Mathematics Access To Retain Talent Grant, Federal Perkins Loan, Federal Work-Study, Federal Supplemental Educational Opportunity Grant, Federal Family Education Loan, and William D. Ford Federal Direct Loan Programs, 26379-26383 [E9-12668]
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Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices
consequences of the proposed action,
announces its decision to provide
unimpeded access to the Laurelwood
housing area located at Naval Weapons
Station (NWS) Earle, Colts Neck, New
Jersey, as required by its agreement with
the developer of the Laurelwood
housing area. Unimpeded access will be
accomplished through implementing
Alternative Alignment 4, described in
the Final Environmental Impact
Statement (FEIS) as the preferred
alternative, which will access NWS
Earle via a new entrance south of the
main gate along New Jersey Route 34
and terminate at the Laurelwood
housing area. This will require the
issuance of an easement to the
Laurelwood developer over the path of
the access road, construction of the
access road, construction of a bridge
over Esperance Road, and installation of
perimeter fencing.
SUPPLEMENTARY INFORMATION: The
Record of Decision (ROD) has been
distributed to all persons who requested
a copy of the FEIS. The complete text
of the ROD is available on the public
Web site: https://www.laurelwoodeis.com
along with the complete FEIS and
accompanying documentation. Single
copies of the ROD will be made
available upon request by contacting
Naval Facilities Engineering Command
Atlantic, Attn: Laurelwood Housing
Area EIS Project Manager, Code EV–21
KGB, 6506 Hampton Boulevard,
Lafayette River Annex Building A,
Norfolk, Virginia 23508.
Dated: May 26, 2009.
A.M. Vallandingham,
Lieutenant Commander, Judge Advocate
General’s Corps, U.S. Navy, Federal Register
Liaison Officer.
[FR Doc. E9–12709 Filed 6–1–09; 8:45 am]
BILLING CODE 3810–FF–P
DEPARTMENT OF EDUCATION
Federal Pell Grant, Academic
Competitiveness Grant, National
Science and Mathematics Access To
Retain Talent Grant, Federal Perkins
Loan, Federal Work-Study, Federal
Supplemental Educational Opportunity
Grant, Federal Family Education Loan,
and William D. Ford Federal Direct
Loan Programs
AGENCY: Federal Student Aid, U.S.
Department of Education.
ACTION: Notice of revision of the Federal
Need Analysis Methodology for the
2010–2011 award year.
VerDate Nov<24>2008
16:43 Jun 01, 2009
Jkt 217001
SUMMARY: The Secretary announces the
annual updates to the tables that will be
used in the statutory ‘‘Federal Need
Analysis Methodology’’ to determine a
student’s expected family contribution
(EFC) for award year 2010–2011 for the
student financial aid programs
authorized under title IV of the Higher
Education Act of 1965, as amended
(HEA). An EFC is the amount a student
and his or her family may reasonably be
expected to contribute toward the
student’s postsecondary educational
costs for purposes of determining
financial aid eligibility. The Title IV
programs include the Federal Pell Grant,
Academic Competitiveness Grant,
National Science and Mathematics
Access to Retain Talent Grant, Federal
Perkins Loan, Federal Work-Study,
Federal Supplemental Educational
Opportunity Grant, Federal Family
Education Loan, and William D. Ford
Federal Direct Loan Programs (Title IV,
HEA Programs).
FOR FURTHER INFORMATION CONTACT: Ms.
Marya Dennis, Management and
Program Analyst, U.S. Department of
Education, 63G2, Union Center Plaza,
830 First Street, NE., Washington, DC
20202. Telephone: (202) 377–3385.
If you use a telecommunications
device for the deaf (TDD), call the
Federal Relay Service (FRS), toll free, at
1–800–877–8339.
Individuals with disabilities can
obtain this document in an accessible
format (e.g., braille, large print,
audiotape or compact disk) on request
to the contact person listed under FOR
FURTHER INFORMATION CONTACT.
SUPPLEMENTARY INFORMATION: Part F of
title IV of the HEA specifies the criteria,
data elements, calculations, and tables
used in the Federal Need Analysis
Methodology EFC calculations.
Section 478 of part F of title IV of the
HEA requires the Secretary to adjust
four of the tables—the Income
Protection Allowance, the Adjusted Net
Worth of a Business or Farm, the
Education Savings and Asset Protection
Allowance, and the Assessment
Schedules and Rates—each award year
for general price inflation. The changes
are based, in general, upon increases in
the Consumer Price Index.
For award year 2010–2011 the
Secretary is charged with updating the
income protection allowance for parents
of dependent students, adjusted net
worth of a business or farm, and the
assessment schedules and rates to
account for inflation that took place
between December 2008 and December
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26379
2009. However, because the Secretary
must publish these tables before
December 2009, the increases in the
tables must be based upon a percentage
equal to the estimated percentage
increase in the Consumer Price Index
for All Urban Consumers for 2009. The
Secretary estimates that the increase in
the Consumer Price Index for All Urban
Consumers (CPI–U) for the period
December 2008 through December 2009
will be 4.1 percent. Additionally,
section 601 of the College Cost
Reduction and Access Act of 2007
(CCRAA, Pub. L. 110–84) amended
sections 475 through 478 of the HEA by
updating the procedures for determining
the income protection allowance for
dependent students as well as the
income protection allowance tables for
both independent students with
dependents other than a spouse and
independent students without
dependents other than a spouse. As
amended by the CCRAA, the HEA
established new 2010–2011 award year
values for these income protection
allowances. The updated tables are in
sections 1, 2, and 4 of this notice.
The Secretary must also revise, for
each award year, the education savings
and asset protection allowances as
provided for in section 478(d) of the
HEA. The Education Savings and Asset
Protection Allowance table for award
year 2010–2011 has been updated in
section 3 of this notice. Section 478(h)
of the HEA also requires the Secretary
to increase the amount specified for the
Employment Expense Allowance,
adjusted for inflation. This calculation
is based upon increases in the Bureau of
Labor Statistics budget of the marginal
costs for a two-worker family compared
to a one-worker family for food away
from home, apparel, transportation, and
household furnishings and operations.
The Employment Expense Allowance
table for award year 2010–2011 has been
updated in section 5 of this notice.
The HEA provides for the following
annual updates:
1. Income Protection Allowance. This
allowance is the amount of living
expenses associated with the
maintenance of an individual or family
that may be offset against the family’s
income. It varies by family size. The
income protection allowance for the
dependent student is $4,500. The
income protection allowances for
parents of dependent students for award
year 2010–2011 are:
E:\FR\FM\02JNN1.SGM
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26380
Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices
PARENTS OF DEPENDENT STUDENTS
[Number in college]
Family Size
2
3
4
5
6
1
$16,230
20,210
24,970
29,460
34,460
...........................................................................................
...........................................................................................
...........................................................................................
...........................................................................................
...........................................................................................
For each additional family member add
$3,890.
For each additional college student
subtract $2,760.
2
3
$13,450
17,450
22,190
26,680
31,680
4
5
........................
$14,670
19,430
23,920
28,920
........................
........................
$16,650
21,140
26,140
........................
........................
........................
$18,380
23,380
The income protection allowances
(IPA) for independent students with
dependents other than a spouse for
award year 2010–11 are:
INDEPENDENT STUDENTS WITH DEPENDENTS OTHER THAN a SPOUSE
[Number in college]
Family size
2
3
4
5
6
1
$19,690
24,510
30,280
35,730
41,780
...........................................................................................
...........................................................................................
...........................................................................................
...........................................................................................
...........................................................................................
For each additional family member add
$4,710.
For each additional college student
subtract $3,350.
The income protection allowances for
single independent students and
independent students without
dependents other than a spouse for
award year 2010–11 are:
2
3
$16,330
21,160
26,910
32,350
38,410
4
5
........................
$17,800
23,560
29,000
35,080
........................
........................
$20,190
25,640
31,690
........................
........................
........................
$22,290
28,350
income produced from these assets is
already assessed in another part of the
formula; and (2) the formula protects a
Single ........
1
$7,780 portion of the value of the assets. The
Married ......
2
7,780 portion of these assets included in the
Married ......
1
12,460 contribution calculation is computed
according to the following schedule.
2. Adjusted Net Worth (NW) of a
This schedule is used for parents of
Business or Farm. A portion of the full
dependent students, independent
net value of a business or farm is
students without dependents other than
excluded from the calculation of an
a spouse, and independent students
expected contribution because—(1) The with dependents other than a spouse.
Marital status
Number in college
IPA
If the net worth of a business or farm is—
Then the adjusted net worth is—
Less than $1 .............................................................................................
$1 to $115,000 .........................................................................................
$115,001 to $345,000 ..............................................................................
$345,001 to $580,000 ..............................................................................
$580,001 or more .....................................................................................
$0.
$0 + 40% of NW.
$46,000 + 50% of NW over $115,000.
$161,000 + 60% of NW over $345,000.
$302,000 + 100% of NW over $580,000.
3. Education Savings and Asset
Protection Allowance. This allowance
protects a portion of net worth (assets
less debts) from being considered
available for postsecondary educational
expenses. There are three asset
protection allowance tables—one for
parents of dependent students, one for
independent students without
dependents other than a spouse, and
one for independent students with
dependents other than a spouse.
VerDate Nov<24>2008
18:18 Jun 01, 2009
Jkt 217001
DEPENDENT STUDENTS
If the age of the
older parent is
DEPENDENT STUDENTS—Continued
And they are
Married
Single
Then the education savings and asset protection
allowance is—
25
26
27
28
29
30
31
32
33
34
PO 00000
or less ..........
......................
......................
......................
......................
......................
......................
......................
......................
......................
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0
2,800
5,500
8,300
11,100
13,800
16,600
19,400
22,100
24,900
Sfmt 4703
0
1,100
2,200
3,300
4,400
5,500
6,600
7,700
8,700
9,800
If the age of the
older parent is
35
36
37
38
39
40
41
42
43
44
45
46
47
48
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
E:\FR\FM\02JNN1.SGM
02JNN1
And they are
Married
27,700
30,400
33,200
36,000
38,700
41,500
42,200
43,300
44,400
45,500
46,600
47,700
48,900
50,100
Single
10,900
12,000
13,100
14,200
15,300
16,400
16,700
17,100
17,500
17,900
18,300
18,700
19,100
19,600
26381
Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices
DEPENDENT STUDENTS—Continued
If the age of the
older parent is
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
or older ........
And they are
Married
Single
51,300
52,900
54,200
55,500
57,100
58,500
60,200
62,000
63,500
65,300
67,200
69,200
71,200
73,200
75,600
77,700
80,300
20,100
20,500
21,000
21,500
22,000
22,600
23,200
23,700
24,300
25,000
25,600
26,300
27,000
27,800
28,500
29,300
30,100
INDEPENDENT STUDENTS WITHOUT
DEPENDENTS OTHER THAN a SPOUSE
If the age of the
student is
or less ..........
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
If the age of the
student is
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
And they are
Married
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
or older ........
Single
47,700
48,900
50,100
51,300
52,900
54,200
55,500
57,100
58,500
60,200
62,000
63,500
65,300
67,200
69,200
71,200
73,200
75,600
77,700
80,300
18,700
19,100
19,600
20,100
20,500
21,000
21,500
22,000
22,600
23,200
23,700
24,300
25,000
25,600
26,300
27,000
27,800
28,500
29,300
30,100
And they are
Married
Single
Then the education savings and asset protection
allowance is—
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
INDEPENDENT STUDENTS WITHOUT DEPENDENTS
OTHER
THAN
a
SPOUSE—Continued
0
2,800
5,500
8,300
11,100
13,800
16,600
19,400
22,100
24,900
27,700
30,400
33,200
36,000
38,700
41,500
42,200
43,300
44,400
45,500
46,600
0
1,100
2,200
3,300
4,400
5,500
6,600
7,700
8,700
9,800
10,900
12,000
13,100
14,200
15,300
16,400
16,700
17,100
17,500
17,900
18,300
INDEPENDENT STUDENTS WITH
DEPENDENTS OTHER THAN a SPOUSE
If the age of the
student is
Married
Single
or less ..........
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
0
2,800
5,500
8,300
11,100
13,800
16,600
19,400
22,100
24,900
27,700
30,400
33,200
36,000
38,700
41,500
0
1,100
2,200
3,300
4,400
5,500
6,600
7,700
8,700
9,800
10,900
12,000
13,100
14,200
15,300
16,400
If AAI is—
The contribution for an independent
student with dependents other than a
¥$750.
22% of AAI.
$3,190 + 25%
$4,115 + 29%
$5,188 + 34%
$6,446 + 40%
$7,926 + 47%
of
of
of
of
of
AAI
AAI
AAI
AAI
AAI
PO 00000
Frm 00021
And they are
Married
42,200
43,300
44,400
45,500
46,600
47,700
48,900
50,100
51,300
52,900
54,200
55,500
57,100
58,500
60,200
62,000
63,500
65,300
67,200
69,200
71,200
73,200
75,600
77,700
80,300
Single
16,700
17,100
17,500
17,900
18,300
18,700
19,100
19,600
20,100
20,500
21,000
21,500
22,000
22,600
23,200
23,700
24,300
25,000
25,600
26,300
27,000
27,800
28,500
29,300
30,100
4. Assessment Schedules and Rates.
Two schedules that are subject to
updates, one for parents of dependent
students and one for independent
students with dependents other than a
spouse, are used to determine the EFC
toward educational expenses from
family financial resources. For
dependent students, the EFC is derived
from an assessment of the parents’
adjusted available income (AAI). For
independent students with dependents
other than a spouse, the EFC is derived
from an assessment of the family’s AAI.
The AAI represents a measure of a
family’s financial strength, which
considers both income and assets.
The parents’ contribution for a
dependent student is computed
according to the following schedule:
over
over
over
over
over
$14,500.
$18,200.
$21,900.
$25,600.
$29,300.
Then the contribution is—
Less than ¥$3,409 ..................................................................
Jkt 217001
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
......................
or older ........
spouse is computed according to the
following schedule:
If AAI is—
16:43 Jun 01, 2009
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
Then the contribution is—
Less than ¥$3,409 ..................................................................
($3,409) to $14,500 ..................................................................
$14,501 to $18,200 ..................................................................
$18,201 to $21,900 ..................................................................
$21,901 to $25,600 ..................................................................
$25,601 to $29,300 ..................................................................
$29,301 or more .......................................................................
VerDate Nov<24>2008
If the age of the
student is
And they are
Then the education savings and asset protection
allowance is—
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
INDEPENDENT STUDENTS WITH DEPENDENTS
OTHER
THAN
a
SPOUSE—Continued
¥$750.
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26382
Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices
If AAI is—
Then the contribution is—
($3,409) to $14,500 ..................................................................
$14,501 to $18,200 ..................................................................
$18,201 to $21,900 ..................................................................
$21,901 to $25,600 ..................................................................
$25,601 to $29,300 ..................................................................
$29,301 or more .......................................................................
5. Employment Expense Allowance.
This allowance for employment-related
expenses, which is used for the parents
of dependent students and for married
independent students, recognizes
additional expenses incurred by
working spouses and single-parent
households. The allowance is based
upon the marginal differences in costs
for a two-worker family compared to a
one-worker family for food away from
home, apparel, transportation, and
household furnishings and operations.
22% of AAI.
$3,190 + 25%
$4,115 + 29%
$5,188 + 34%
$6,446 + 40%
$7,926 + 47%
of
of
of
of
of
AAI
AAI
AAI
AAI
AAI
over
over
over
over
over
$14,500.
$18,200.
$21,900.
$25,600.
$29,300.
The employment expense allowance
for parents of dependent students,
married independent students without
dependents other than a spouse, and
independent students with dependents
other than a spouse is the lesser of
$3,500 or 35 percent of earned income.
6. Allowance for State and Other
Taxes. The allowance for State and
other taxes protects a portion of the
parents’ and students’ income from
being considered available for
postsecondary educational expenses.
There are four categories for State and
other taxes, one each for parents of
dependent students, independent
students with dependents other than a
spouse, dependent students, and
independent students without
dependents other than a spouse. Section
478(g) of the HEA directs the Secretary
to update the tables for State and other
taxes after reviewing the Statistics of
Income file data maintained by the
Internal Revenue Service.
Parents of dependents and
independents with dependents
other than a spouse
State
Under $15,000
$15,000 & up
Dependents
and independents without
dependents
other than a
spouse
All
Alabama .......................................................................................................................................
Alaska ..........................................................................................................................................
Arizona .........................................................................................................................................
Arkansas ......................................................................................................................................
California ......................................................................................................................................
Colorado ......................................................................................................................................
Connecticut ..................................................................................................................................
Delaware ......................................................................................................................................
District of Columbia .....................................................................................................................
Florida ..........................................................................................................................................
Georgia ........................................................................................................................................
Hawaii ..........................................................................................................................................
Idaho ............................................................................................................................................
Illinois ...........................................................................................................................................
Indiana .........................................................................................................................................
Iowa .............................................................................................................................................
Kansas .........................................................................................................................................
Kentucky ......................................................................................................................................
Louisiana ......................................................................................................................................
Maine ...........................................................................................................................................
Maryland ......................................................................................................................................
Massachusetts .............................................................................................................................
Michigan .......................................................................................................................................
Minnesota ....................................................................................................................................
Mississippi ....................................................................................................................................
Missouri ........................................................................................................................................
Montana .......................................................................................................................................
Nebraska ......................................................................................................................................
Nevada .........................................................................................................................................
New Hampshire ...........................................................................................................................
New Jersey ..................................................................................................................................
New Mexico .................................................................................................................................
New York .....................................................................................................................................
North Carolina ..............................................................................................................................
North Dakota ................................................................................................................................
Ohio .............................................................................................................................................
Oklahoma .....................................................................................................................................
Oregon .........................................................................................................................................
Pennsylvania ................................................................................................................................
Rhode Island ................................................................................................................................
South Carolina .............................................................................................................................
South Dakota ...............................................................................................................................
VerDate Nov<24>2008
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Jkt 217001
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3%
2%
4%
4%
9%
5%
8%
5%
7%
4%
5%
5%
5%
6%
4%
5%
5%
5%
3%
6%
8%
7%
5%
6%
3%
5%
5%
5%
3%
5%
9%
3%
10%
6%
3%
6%
4%
7%
5%
7%
5%
2%
02JNN1
2%
1%
3%
3%
8%
4%
7%
4%
6%
3%
4%
4%
4%
5%
3%
4%
4%
4%
2%
5%
7%
6%
4%
5%
2%
4%
4%
4%
2%
4%
8%
2%
9%
5%
2%
5%
3%
6%
4%
6%
4%
1%
2%
0%
3%
3%
5%
3%
4%
3%
6%
1%
4%
4%
4%
2%
3%
3%
3%
4%
2%
4%
5%
4%
3%
4%
2%
3%
3%
3%
1%
1%
4%
2%
6%
4%
1%
4%
3%
5%
3%
4%
3%
1%
26383
Federal Register / Vol. 74, No. 104 / Tuesday, June 2, 2009 / Notices
Parents of dependents and
independents with dependents
other than a spouse
State
Under $15,000
$15,000 & up
Dependents
and independents without
dependents
other than a
spouse
All
Tennessee ...................................................................................................................................
Texas ...........................................................................................................................................
Utah .............................................................................................................................................
Vermont .......................................................................................................................................
Virginia .........................................................................................................................................
Washington ..................................................................................................................................
West Virginia ................................................................................................................................
Wisconsin .....................................................................................................................................
Wyoming ......................................................................................................................................
Other ............................................................................................................................................
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Note: The official version of this document
is the document published in the Federal
Register. Free Internet access to the official
edition of the Federal Register and the Code
of Federal Regulations is available on GPO
Access at: https://www.gpoaccess.gov/nara/
index.html
(Catalog of Federal Domestic Assistance
Numbers: 84.007 Federal Supplemental
Educational Opportunity Grant; 84.032
Federal Family Education Loan Program;
84.033 Federal Work-Study Program; 84.038
Federal Perkins Loan Program; 84.063
Federal Pell Grant Program; 84.268 William
D. Ford Federal Direct Loan Program; 84.375
Academic Competitiveness Grant; 84.376
National Science and Mathematics Access to
Retain Talent Grant)
Program Authority: 20 U.S.C. 1087rr.
Dated: May 27, 2009.
James F. Manning,
Acting Chief Operating Officer Federal
Student Aid.
[FR Doc. E9–12668 Filed 6–1–09; 8:45 am]
BILLING CODE 4000–01–P
VerDate Nov<24>2008
16:43 Jun 01, 2009
Jkt 217001
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. IC09–556–001]
Commission Information Collection
Activities (FERC–556); Comment
Request; Submitted for OMB Review
May 26, 2009.
AGENCY: Federal Energy Regulatory
Commission.
ACTION: Notice.
SUMMARY: In compliance with the
requirements of section 3507 of the
Paperwork Reduction Act of 1995, 44
USC 3507, the Federal Energy
Regulatory Commission (Commission or
FERC) has submitted the information
collection described below to the Office
of Management and Budget (OMB) for
review of the information collection
requirements. Any interested person
may file comments directly with OMB
and should address a copy of those
comments to the Commission as
explained below. The Commission
received no comments in response to
the Federal Register notice (74FR7679,
2/19/2009) and has made this notation
in its submission to OMB.
DATES: Comments on the collection of
information are due by July 6, 2009.
ADDRESSES: Address comments on the
collection of information to the Office of
Management and Budget, Office of
Information and Regulatory Affairs,
Attention: Federal Energy Regulatory
Commission Desk Officer. Comments to
OMB should be filed electronically, c/o
oira_submission@omb.eop.gov and
include OMB Control Number 1902–
0075 as a point of reference. The Desk
Officer may be reached by telephone at
202–395–4638.
A copy of the comments should also
be sent to the Federal Energy Regulatory
PO 00000
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Commission and should refer to Docket
No. IC09–556–001. Comments may be
filed either electronically or in paper
format. Those persons filing
electronically do not need to make a
paper filing. Documents filed
electronically via the Internet must be
prepared in an acceptable filing format
and in compliance with the Federal
Energy Regulatory Commission
submission guidelines. Complete filing
instructions and acceptable filing
formats are available at https://
www.ferc.gov/help/submissionguide.asp. To file the document
electronically, access the Commission’s
Web site, click on Documents & Filing,
E–Filing (https://www.ferc.gov/docsfiling/efiling.asp), and then follow the
instructions for each screen. New users
will have to establish a user name and
password. The Commission will send an
automatic acknowledgement to the
sender’s e-mail address upon receipt of
comments.
For paper filings, an original and 2
copies of the comments should be
submitted to the Federal Energy
Regulatory Commission, Secretary of the
Commission, 888 First Street, NE.,
Washington, DC 20426, and should refer
to Docket No. IC09–556–001.
All comments may be viewed, printed
or downloaded remotely via the Internet
through FERC’s homepage using the
‘‘eLibrary’’ link. For user assistance,
contact fercolinesupport@ferc.gov or
toll-free at (866) 208–3676 or for TTY,
contact (202) 502–8659.
FOR FURTHER INFORMATION CONTACT:
Ellen Brown may be reached by
telephone at (202) 502–8663, by fax at
(202) 273–0873, and by e-mail at
ellen.brown@ferc.gov.
SUPPLEMENTARY INFORMATION: The
Commission uses the FERC Form No.
556 (Cogeneration and Small Power
Production, OMB Control Number
1902–0075) to implement the statutory
E:\FR\FM\02JNN1.SGM
02JNN1
]]>Agencies
[Federal Register Volume 74, Number 104 (Tuesday, June 2, 2009)]
[Notices]
[Pages 26379-26383]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-12668]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF EDUCATION
Federal Pell Grant, Academic Competitiveness Grant, National
Science and Mathematics Access To Retain Talent Grant, Federal Perkins
Loan, Federal Work-Study, Federal Supplemental Educational Opportunity
Grant, Federal Family Education Loan, and William D. Ford Federal
Direct Loan Programs
AGENCY: Federal Student Aid, U.S. Department of Education.
ACTION: Notice of revision of the Federal Need Analysis Methodology for
the 2010-2011 award year.
-----------------------------------------------------------------------
SUMMARY: The Secretary announces the annual updates to the tables that
will be used in the statutory ``Federal Need Analysis Methodology'' to
determine a student's expected family contribution (EFC) for award year
2010-2011 for the student financial aid programs authorized under title
IV of the Higher Education Act of 1965, as amended (HEA). An EFC is the
amount a student and his or her family may reasonably be expected to
contribute toward the student's postsecondary educational costs for
purposes of determining financial aid eligibility. The Title IV
programs include the Federal Pell Grant, Academic Competitiveness
Grant, National Science and Mathematics Access to Retain Talent Grant,
Federal Perkins Loan, Federal Work-Study, Federal Supplemental
Educational Opportunity Grant, Federal Family Education Loan, and
William D. Ford Federal Direct Loan Programs (Title IV, HEA Programs).
FOR FURTHER INFORMATION CONTACT: Ms. Marya Dennis, Management and
Program Analyst, U.S. Department of Education, 63G2, Union Center
Plaza, 830 First Street, NE., Washington, DC 20202. Telephone: (202)
377-3385.
If you use a telecommunications device for the deaf (TDD), call the
Federal Relay Service (FRS), toll free, at 1-800-877-8339.
Individuals with disabilities can obtain this document in an
accessible format (e.g., braille, large print, audiotape or compact
disk) on request to the contact person listed under FOR FURTHER
INFORMATION CONTACT.
SUPPLEMENTARY INFORMATION: Part F of title IV of the HEA specifies the
criteria, data elements, calculations, and tables used in the Federal
Need Analysis Methodology EFC calculations.
Section 478 of part F of title IV of the HEA requires the Secretary
to adjust four of the tables--the Income Protection Allowance, the
Adjusted Net Worth of a Business or Farm, the Education Savings and
Asset Protection Allowance, and the Assessment Schedules and Rates--
each award year for general price inflation. The changes are based, in
general, upon increases in the Consumer Price Index.
For award year 2010-2011 the Secretary is charged with updating the
income protection allowance for parents of dependent students, adjusted
net worth of a business or farm, and the assessment schedules and rates
to account for inflation that took place between December 2008 and
December 2009. However, because the Secretary must publish these tables
before December 2009, the increases in the tables must be based upon a
percentage equal to the estimated percentage increase in the Consumer
Price Index for All Urban Consumers for 2009. The Secretary estimates
that the increase in the Consumer Price Index for All Urban Consumers
(CPI-U) for the period December 2008 through December 2009 will be 4.1
percent. Additionally, section 601 of the College Cost Reduction and
Access Act of 2007 (CCRAA, Pub. L. 110-84) amended sections 475 through
478 of the HEA by updating the procedures for determining the income
protection allowance for dependent students as well as the income
protection allowance tables for both independent students with
dependents other than a spouse and independent students without
dependents other than a spouse. As amended by the CCRAA, the HEA
established new 2010-2011 award year values for these income protection
allowances. The updated tables are in sections 1, 2, and 4 of this
notice.
The Secretary must also revise, for each award year, the education
savings and asset protection allowances as provided for in section
478(d) of the HEA. The Education Savings and Asset Protection Allowance
table for award year 2010-2011 has been updated in section 3 of this
notice. Section 478(h) of the HEA also requires the Secretary to
increase the amount specified for the Employment Expense Allowance,
adjusted for inflation. This calculation is based upon increases in the
Bureau of Labor Statistics budget of the marginal costs for a two-
worker family compared to a one-worker family for food away from home,
apparel, transportation, and household furnishings and operations. The
Employment Expense Allowance table for award year 2010-2011 has been
updated in section 5 of this notice.
The HEA provides for the following annual updates:
1. Income Protection Allowance. This allowance is the amount of
living expenses associated with the maintenance of an individual or
family that may be offset against the family's income. It varies by
family size. The income protection allowance for the dependent student
is $4,500. The income protection allowances for parents of dependent
students for award year 2010-2011 are:
[[Page 26380]]
Parents of Dependent Students
[Number in college]
----------------------------------------------------------------------------------------------------------------
Family Size 1 2 3 4 5
----------------------------------------------------------------------------------------------------------------
2............................... $16,230 $13,450 .............. .............. ..............
3............................... 20,210 17,450 $14,670 .............. ..............
4............................... 24,970 22,190 19,430 $16,650 ..............
5............................... 29,460 26,680 23,920 21,140 $18,380
6............................... 34,460 31,680 28,920 26,140 23,380
----------------------------------------------------------------------------------------------------------------
For each additional family member add $3,890.
For each additional college student subtract $2,760.
The income protection allowances (IPA) for independent students
with dependents other than a spouse for award year 2010-11 are:
Independent Students With Dependents Other Than a Spouse
[Number in college]
----------------------------------------------------------------------------------------------------------------
Family size 1 2 3 4 5
----------------------------------------------------------------------------------------------------------------
2............................... $19,690 $16,330 .............. .............. ..............
3............................... 24,510 21,160 $17,800 .............. ..............
4............................... 30,280 26,910 23,560 $20,190 ..............
5............................... 35,730 32,350 29,000 25,640 $22,290
6............................... 41,780 38,410 35,080 31,690 28,350
----------------------------------------------------------------------------------------------------------------
For each additional family member add $4,710.
For each additional college student subtract $3,350.
The income protection allowances for single independent students
and independent students without dependents other than a spouse for
award year 2010-11 are:
------------------------------------------------------------------------
Number in
Marital status college IPA
------------------------------------------------------------------------
Single.................................. 1 $7,780
Married................................. 2 7,780
Married................................. 1 12,460
------------------------------------------------------------------------
2. Adjusted Net Worth (NW) of a Business or Farm. A portion of the
full net value of a business or farm is excluded from the calculation
of an expected contribution because--(1) The income produced from these
assets is already assessed in another part of the formula; and (2) the
formula protects a portion of the value of the assets. The portion of
these assets included in the contribution calculation is computed
according to the following schedule. This schedule is used for parents
of dependent students, independent students without dependents other
than a spouse, and independent students with dependents other than a
spouse.
------------------------------------------------------------------------
If the net worth of a business or farm Then the adjusted net worth is--
is--
------------------------------------------------------------------------
Less than $1........................... $0.
$1 to $115,000......................... $0 + 40% of NW.
$115,001 to $345,000................... $46,000 + 50% of NW over
$115,000.
$345,001 to $580,000................... $161,000 + 60% of NW over
$345,000.
$580,001 or more....................... $302,000 + 100% of NW over
$580,000.
------------------------------------------------------------------------
3. Education Savings and Asset Protection Allowance. This allowance
protects a portion of net worth (assets less debts) from being
considered available for postsecondary educational expenses. There are
three asset protection allowance tables--one for parents of dependent
students, one for independent students without dependents other than a
spouse, and one for independent students with dependents other than a
spouse.
Dependent Students
------------------------------------------------------------------------
And they are
If the age of the older parent is -------------------------
Married Single
------------------------------------------------------------------------
Then the education
savings and asset
protection allowance is--
------------------------------------------------------------------------
25 or less.................................... 0 0
26............................................ 2,800 1,100
27............................................ 5,500 2,200
28............................................ 8,300 3,300
29............................................ 11,100 4,400
30............................................ 13,800 5,500
31............................................ 16,600 6,600
32............................................ 19,400 7,700
33............................................ 22,100 8,700
34............................................ 24,900 9,800
35............................................ 27,700 10,900
36............................................ 30,400 12,000
37............................................ 33,200 13,100
38............................................ 36,000 14,200
39............................................ 38,700 15,300
40............................................ 41,500 16,400
41............................................ 42,200 16,700
42............................................ 43,300 17,100
43............................................ 44,400 17,500
44............................................ 45,500 17,900
45............................................ 46,600 18,300
46............................................ 47,700 18,700
47............................................ 48,900 19,100
48............................................ 50,100 19,600
[[Page 26381]]
49............................................ 51,300 20,100
50............................................ 52,900 20,500
51............................................ 54,200 21,000
52............................................ 55,500 21,500
53............................................ 57,100 22,000
54............................................ 58,500 22,600
55............................................ 60,200 23,200
56............................................ 62,000 23,700
57............................................ 63,500 24,300
58............................................ 65,300 25,000
59............................................ 67,200 25,600
60............................................ 69,200 26,300
61............................................ 71,200 27,000
62............................................ 73,200 27,800
63............................................ 75,600 28,500
64............................................ 77,700 29,300
65 or older................................... 80,300 30,100
------------------------------------------------------------------------
Independent Students Without Dependents Other Than a Spouse
------------------------------------------------------------------------
And they are
If the age of the student is -------------------------
Married Single
------------------------------------------------------------------------
Then the education
savings and asset
protection allowance is--
------------------------------------------------------------------------
25 or less.................................... 0 0
26............................................ 2,800 1,100
27............................................ 5,500 2,200
28............................................ 8,300 3,300
29............................................ 11,100 4,400
30............................................ 13,800 5,500
31............................................ 16,600 6,600
32............................................ 19,400 7,700
33............................................ 22,100 8,700
34............................................ 24,900 9,800
35............................................ 27,700 10,900
36............................................ 30,400 12,000
37............................................ 33,200 13,100
38............................................ 36,000 14,200
39............................................ 38,700 15,300
40............................................ 41,500 16,400
41............................................ 42,200 16,700
42............................................ 43,300 17,100
43............................................ 44,400 17,500
44............................................ 45,500 17,900
45............................................ 46,600 18,300
46............................................ 47,700 18,700
47............................................ 48,900 19,100
48............................................ 50,100 19,600
49............................................ 51,300 20,100
50............................................ 52,900 20,500
51............................................ 54,200 21,000
52............................................ 55,500 21,500
53............................................ 57,100 22,000
54............................................ 58,500 22,600
55............................................ 60,200 23,200
56............................................ 62,000 23,700
57............................................ 63,500 24,300
58............................................ 65,300 25,000
59............................................ 67,200 25,600
60............................................ 69,200 26,300
61............................................ 71,200 27,000
62............................................ 73,200 27,800
63............................................ 75,600 28,500
64............................................ 77,700 29,300
65 or older................................... 80,300 30,100
------------------------------------------------------------------------
Independent Students With Dependents Other Than a Spouse
------------------------------------------------------------------------
And they are
If the age of the student is -------------------------
Married Single
------------------------------------------------------------------------
Then the education
savings and asset
protection allowance is--
------------------------------------------------------------------------
25 or less.................................... 0 0
26............................................ 2,800 1,100
27............................................ 5,500 2,200
28............................................ 8,300 3,300
29............................................ 11,100 4,400
30............................................ 13,800 5,500
31............................................ 16,600 6,600
32............................................ 19,400 7,700
33............................................ 22,100 8,700
34............................................ 24,900 9,800
35............................................ 27,700 10,900
36............................................ 30,400 12,000
37............................................ 33,200 13,100
38............................................ 36,000 14,200
39............................................ 38,700 15,300
40............................................ 41,500 16,400
41............................................ 42,200 16,700
42............................................ 43,300 17,100
43............................................ 44,400 17,500
44............................................ 45,500 17,900
45............................................ 46,600 18,300
46............................................ 47,700 18,700
47............................................ 48,900 19,100
48............................................ 50,100 19,600
49............................................ 51,300 20,100
50............................................ 52,900 20,500
51............................................ 54,200 21,000
52............................................ 55,500 21,500
53............................................ 57,100 22,000
54............................................ 58,500 22,600
55............................................ 60,200 23,200
56............................................ 62,000 23,700
57............................................ 63,500 24,300
58............................................ 65,300 25,000
59............................................ 67,200 25,600
60............................................ 69,200 26,300
61............................................ 71,200 27,000
62............................................ 73,200 27,800
63............................................ 75,600 28,500
64............................................ 77,700 29,300
65 or older................................... 80,300 30,100
------------------------------------------------------------------------
4. Assessment Schedules and Rates. Two schedules that are subject
to updates, one for parents of dependent students and one for
independent students with dependents other than a spouse, are used to
determine the EFC toward educational expenses from family financial
resources. For dependent students, the EFC is derived from an
assessment of the parents' adjusted available income (AAI). For
independent students with dependents other than a spouse, the EFC is
derived from an assessment of the family's AAI. The AAI represents a
measure of a family's financial strength, which considers both income
and assets.
The parents' contribution for a dependent student is computed
according to the following schedule:
------------------------------------------------------------------------
If AAI is-- Then the contribution is--
------------------------------------------------------------------------
Less than -$3,409...................... -$750.
($3,409) to $14,500.................... 22% of AAI.
$14,501 to $18,200..................... $3,190 + 25% of AAI over
$14,500.
$18,201 to $21,900..................... $4,115 + 29% of AAI over
$18,200.
$21,901 to $25,600..................... $5,188 + 34% of AAI over
$21,900.
$25,601 to $29,300..................... $6,446 + 40% of AAI over
$25,600.
$29,301 or more........................ $7,926 + 47% of AAI over
$29,300.
------------------------------------------------------------------------
The contribution for an independent student with dependents other
than a spouse is computed according to the following schedule:
------------------------------------------------------------------------
If AAI is-- Then the contribution is--
------------------------------------------------------------------------
Less than -$3,409...................... -$750.
[[Page 26382]]
($3,409) to $14,500.................... 22% of AAI.
$14,501 to $18,200..................... $3,190 + 25% of AAI over
$14,500.
$18,201 to $21,900..................... $4,115 + 29% of AAI over
$18,200.
$21,901 to $25,600..................... $5,188 + 34% of AAI over
$21,900.
$25,601 to $29,300..................... $6,446 + 40% of AAI over
$25,600.
$29,301 or more........................ $7,926 + 47% of AAI over
$29,300.
------------------------------------------------------------------------
5. Employment Expense Allowance. This allowance for employment-
related expenses, which is used for the parents of dependent students
and for married independent students, recognizes additional expenses
incurred by working spouses and single-parent households. The allowance
is based upon the marginal differences in costs for a two-worker family
compared to a one-worker family for food away from home, apparel,
transportation, and household furnishings and operations.
The employment expense allowance for parents of dependent students,
married independent students without dependents other than a spouse,
and independent students with dependents other than a spouse is the
lesser of $3,500 or 35 percent of earned income.
6. Allowance for State and Other Taxes. The allowance for State and
other taxes protects a portion of the parents' and students' income
from being considered available for postsecondary educational expenses.
There are four categories for State and other taxes, one each for
parents of dependent students, independent students with dependents
other than a spouse, dependent students, and independent students
without dependents other than a spouse. Section 478(g) of the HEA
directs the Secretary to update the tables for State and other taxes
after reviewing the Statistics of Income file data maintained by the
Internal Revenue Service.
----------------------------------------------------------------------------------------------------------------
Parents of dependents and Dependents and
independents with dependents independents
other than a spouse without
-------------------------------- dependents
State other than a
spouse
Under $15,000 $15,000 & up ---------------
All
----------------------------------------------------------------------------------------------------------------
Alabama......................................................... 3% 2% 2%
Alaska.......................................................... 2% 1% 0%
Arizona......................................................... 4% 3% 3%
Arkansas........................................................ 4% 3% 3%
California...................................................... 9% 8% 5%
Colorado........................................................ 5% 4% 3%
Connecticut..................................................... 8% 7% 4%
Delaware........................................................ 5% 4% 3%
District of Columbia............................................ 7% 6% 6%
Florida......................................................... 4% 3% 1%
Georgia......................................................... 5% 4% 4%
Hawaii.......................................................... 5% 4% 4%
Idaho........................................................... 5% 4% 4%
Illinois........................................................ 6% 5% 2%
Indiana......................................................... 4% 3% 3%
Iowa............................................................ 5% 4% 3%
Kansas.......................................................... 5% 4% 3%
Kentucky........................................................ 5% 4% 4%
Louisiana....................................................... 3% 2% 2%
Maine........................................................... 6% 5% 4%
Maryland........................................................ 8% 7% 5%
Massachusetts................................................... 7% 6% 4%
Michigan........................................................ 5% 4% 3%
Minnesota....................................................... 6% 5% 4%
Mississippi..................................................... 3% 2% 2%
Missouri........................................................ 5% 4% 3%
Montana......................................................... 5% 4% 3%
Nebraska........................................................ 5% 4% 3%
Nevada.......................................................... 3% 2% 1%
New Hampshire................................................... 5% 4% 1%
New Jersey...................................................... 9% 8% 4%
New Mexico...................................................... 3% 2% 2%
New York........................................................ 10% 9% 6%
North Carolina.................................................. 6% 5% 4%
North Dakota.................................................... 3% 2% 1%
Ohio............................................................ 6% 5% 4%
Oklahoma........................................................ 4% 3% 3%
Oregon.......................................................... 7% 6% 5%
Pennsylvania.................................................... 5% 4% 3%
Rhode Island.................................................... 7% 6% 4%
South Carolina.................................................. 5% 4% 3%
South Dakota.................................................... 2% 1% 1%
[[Page 26383]]
Tennessee....................................................... 2% 1% 1%
Texas........................................................... 3% 2% 1%
Utah............................................................ 5% 4% 4%
Vermont......................................................... 6% 5% 3%
Virginia........................................................ 7% 6% 4%
Washington...................................................... 3% 2% 1%
West Virginia................................................... 3% 2% 2%
Wisconsin....................................................... 7% 6% 4%
Wyoming......................................................... 2% 1% 1%
Other........................................................... 3% 2% 2%
----------------------------------------------------------------------------------------------------------------
You may view this document, as well as all other documents of this
Department published in the Federal Register, in text or Adobe Portable
Document Format (PDF) on the Internet at the following site: https://www.ed.gov/news/fedregister.
To use PDF you must have Adobe Acrobat Reader, which is available
free at this site. If you have questions about using PDF, call the U.S.
Government Printing Office (GPO), toll free, at 1-888-293-6498; or in
the Washington, DC, area at (202) 512-1530.
Note: The official version of this document is the document
published in the Federal Register. Free Internet access to the
official edition of the Federal Register and the Code of Federal
Regulations is available on GPO Access at: https://www.gpoaccess.gov/nara/
(Catalog of Federal Domestic Assistance Numbers: 84.007 Federal
Supplemental Educational Opportunity Grant; 84.032 Federal Family
Education Loan Program; 84.033 Federal Work-Study Program; 84.038
Federal Perkins Loan Program; 84.063 Federal Pell Grant Program;
84.268 William D. Ford Federal Direct Loan Program; 84.375 Academic
Competitiveness Grant; 84.376 National Science and Mathematics
Access to Retain Talent Grant)
Program Authority: 20 U.S.C. 1087rr.
Dated: May 27, 2009.
James F. Manning,
Acting Chief Operating Officer Federal Student Aid.
[FR Doc. E9-12668 Filed 6-1-09; 8:45 am]
BILLING CODE 4000-01-P
