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Tuition rates are included
in the individual
Student Budgets at left |
Standard Student Budget
The student budget is based on the student's year in school,
degree/ certificate program, length of academic year, and state
residency. Living expenses for the student budget are determined after
surveying the student body and comparing results to the Bureau of Labor and Statistics.
The student budget is finalized at the end of April when the Board of
Visitors determines tuition costs for the next year.
Adjustments to the Standard Student Budget
During the course of an academic year, circumstances may
arise that cause a student to need financial assistance in excess of the standard student
budget. In certain situations, the student budget may be expanded to include additional
items.
Student Budget
Adjustment Policy
Effective 2003/04
Dependent Care Allowance –
Adjustments for dependent care allowance will be $4,400 for the first
child and $3,000 for each additional child. Adjustments will not be granted for a dependent
spouse unless s/he is physically unable to work. The
dependent child must be included in the student’s household size as
reported on the FAFSA and must be residing with the student.
This figure may be added to the cost of the student budget upon
receipt of a written request from the student and documentation of
dependents.
Medical and Dental Expenses
– Adjustments for medical and dental expenses will be made for
expenses that are not covered by insurance and are deemed necessary.
Adjustments for medical insurance premiums will be made for
dependents. Expenses will
be added to the cost of the student budget upon receipt of a written
request from the student, documentation of medical expenses and/or
documentation of dependents.
Transportation
Adjustments for transportation will be made only if the student
provides documentation that they have spent more for transportation
expenses (insurance, car maintenance, gasoline) than what was allotted
in the standard budget.Federal
regulations do not allow for car payments to be added to the student
budget. Expenses will be added to the cost of the student budget upon
receipt of a written request from the student and documentation of
expenses.
Loan Fees –
Adjustments for loan fees deducted from Stafford loans will be made.
Fees for loans received will be approved only for those loans
ALREADY received, not those pending disbursement.
Expenses will be added to the cost of the student budget upon
request of the student. Written notification is not necessary.
Away Electives –
Adjustments for reasonable expenses incurred during away electives for
students will be made only if the student provides documentation of
required books and registration fees. Expenses will be added to the cost of
the student budget upon receipt of a written request from the student and
documentation of the expenses.
Residency
Interview Travel – Federal
regulations do not allow the expenses a student may incur due to
interviewing for residency placement to be added to any student
budget.
Personal Computer
– Adjustments for the purchase of a personal computer (excludes
accessories) for use during the academic year (can be purchased in
summer with plans to use in fall term) will be made once during the
student’s academic career, not to exceed $2,200 (PDA excluded).
Expenses will be added to the cost of the student budget upon receipt
of a written request from the student and documentation of the
expenses.
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