Graduate Catalog - Mason School of Business
Graduate Catalog - Mason School of Business
Graduate Catalog - Mason School of Business
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Charges<br />
Tuition $10608<br />
TUITION AND OTHER EXPENSES | 32<br />
Financial Aid payments<br />
Sub Stafford $807<br />
Unsub Stafford $1860<br />
Perkins $750<br />
FA Grant $9076<br />
The student withdraws on 10/27 which is day 64 out <strong>of</strong> 116 in the semester (64/116 = 55.2% <strong>of</strong> Title<br />
IV funds earned by the student.) Title IV funds = $ 3,417 ($807 Sub Stafford + $1860 UnSub<br />
Stafford +$750 Perkins Loan.) $3,417 X 55.2% = $1886.18 <strong>of</strong> earned Title IV funds. The remainder<br />
<strong>of</strong> funds unearned $ 3,417 - $1886.18 = $1530.82 will be returned to Federal programs. The FA grant<br />
will be reduced using the same formula; $9076 X 55.2 % = $5009.95 earned and $4066.05 unearned.<br />
William & Mary must return $1531 to the Unsubsidized Stafford Loan and $4066.05 <strong>of</strong> the FA grant.