FAGuide 2007-08 - Tables D and E

MEETING COLLEGE EXPENSES:
A Guide for Seeking
Financial Assistance

Table D: Beginning Monthly Salary Estimates
&
Table E: Estimated Annual Federal Income Tax Payments

Table D: Beginning Monthly Salary Estimates

Occupational Area	Degree	Job Outlook **	Estimated Monthly Salary
Biomedical Scientist	PhD	Above Average	$ 4,367	**
Clinical Psychology	PhD	Below Average	$ 4,250	**
Counseling Psychologist	MS	Below Average	$ 2,467	**
Dietitian	BS	Above Average	$ 2,867	**
Health Services Administration	BS	( N / A )	$ 1,667	*
Medical Technologist	BS	Average	$ 2,200	**
Physical Therapist	MPT	Excellent	$ 4,000	**
Physician Assistant	BS or MPAS	Above Average	$ 4,342	**
Physician (post-residency)	MD	Above Average	$ 13,333	**
Physician (resident)	MD	Above Average	$ 2,732	**
Prosthetist/Orthotist	BS	( N / A )	$ 2,085	*
Rehabilitation Counselors	BS	Average	$ 2,500	**

*	From the instructional department, 1998-99.
**	From the Occupational Outlook Handbook, 1998-99 Edition; (job outlook assessment based upon 1996-2006 projection.

Table E: Estimated Annual Federal Income Tax Payments (from 2001 IRS Tax Tables)

Annual Taxable Income	Single	Married, Joint Return	Married, Separate Return	Head of Household
$ 2,500	377	377	377	377
$ 5,000	754	754	754	754
$ 10,000	1,504	1,504	1,504	1,504
$ 15,000	2,254	2,254	2,254	2,254
$ 20,000	3,004	3,004	3,004	3,004
$ 25,000	3,754	3,754	4,057	3,754
$ 30,000	4,876	4,504	5,432	4,504
$ 35,000	6,251	5,254	6,807	5,254
$ 40,000	7,626	6,004	8,182	6,476
$ 45,000	9,001	6,754	9,557	7,851
$ 50,000	10,376	8,107	10,932	9,226
$ 55,000	11,751	9,482	12,319	10,601
$ 60,000	13,126	10,857	13,844	11,976
$ 65,000	14,501	12,232	15,369	13,351
$ 70,000	16,010	13,607	16,894	14,726
	*Personal exemption is $2,800 per exemption*

Table A	Table B	Tables C
Tables F, G and H	Table I	Table J
Budgetary Tables Master Directory	FA Guide Beginning	FA Guide End