MFI for College Bound Scholarship

 

To receive the award, the CBS student’s family income must fall within 65% of the state’s Median Family Income (MFI) and is verified annually by filing the FAFSA.


College Bound Scholarship MFI Chart 2012-13

 
Family Size
65% MFI
(Rounded to nearest $500)
1$27,500
2$36,000
3$44,500
4$53,000
5$61,500
6$70,000
7$72,000
8$73,500
9$75,000
10$76,500
11$78,000
12$80,000
13$81,500
14$83,000
15$84,500
16$86,000
17$87,500
18$89,500
19$91,000
20$92,500