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    Definition of "Economically Disadvantaged" - (Question on Page 3 of the Institutional Aid/Private Educational Loan Application) is someone who comes from a family with an annual income below a level which is based on low-income thresholds according to family size published by the U.S. Bureau of the Census, adjusted annually for changes in the Consumer Price Index. The following income levels determine what constitutes a low-income family for determining economically disadvantaged students:

    2014 Poverty Guidelines of the 48 contiguous states and the District of Columbia

    Family Size (includes parents and dependents) 

    Income Level 

    $23,340

    $31,460

    $39,580

    $47,700

    $55,820

    $63,940

    7

    $72,060

    8

    $80,180