Financial Aid

What is Adjusted Gross Income (AGI)?

Learn what your Adjusted Gross Income is and where to find it on your tax return.
Man using laptop to learn about Adjusted Gross Income

When parents are completing the FAFSA® we often get asked, "What is my Adjusted Gross Income and where can I find it on my tax return?" Adjusted Gross Income (AGI) is the parents' (and student's, reported separately in the student section of the FAFSA) total gross income minus any adjustments made to that income on the tax return. You can find your Adjusted Gross Income on the second page of your 1040, which is your main tax form.

Both the parents and the student must report their AGI on the FAFSA. Parent AGI will be reported in the Parent Financial Information section of the FAFSA, and Student AGI will be reported in the Student Financial Information section.

Why is this important to you?

The AGI is an important element in the formula used to calculate a family's Expected Family Contribution (EFC) . Your EFC will help the college financial aid office determine your eligibility for federal, state, and college financial aid. To file your FAFSA, visit

Learn about the EFC