Low-income:
The term “low-income individual” means an individual whose family’s taxable income for the preceding year did not exceed 150 percent of the poverty level amount. Link to the U.S. Department of Education’s current year qualifying taxable income levels: Income Table
Important Note: The TRIO qualifying income level table uses Taxable income. Taxable income is the amount of income that the US Federal Government collects taxes on. This is not the same as Total Income or Adjusted Gross Income.
