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Financial Aid Proration
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Financial Aid Proration
Proration Examples for Financial Aid
Digital Marketing Professional Diploma Program
Jill is a dependent student enrolled in a 600 clock hour program at DSDT.
$3,500 and $2,000 are the annual loan limits FOR A TOTAL OF $5,500.
Program= 600 clock-hours
Academic year=900 clock-hour
(600clock-hours/900clock-hours) X $3,500= $2,333 subsidized
(600clock-hours/900clock-hours) X $2,000= $1,333 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Jill can borrow is $3,666, but no more than $1,333 of this amount may be in unsubsidized loans.
Morgan is an independent student enrolled in a 600 clock hour program at DSDT.
$3,500 and $6000 are the annual loan limits FOR A TOTAL OF $9,500
Program= 600 clock-hours
Academic year= 900 clock-hour
(600clock-hours/900clock-hours) X $3,500= $2,333 subsidized
(600clock-hours/900clock-hours) X $6,000= $4,000 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Morgan can borrow
for the program is $6,333, but no more than $4,000 of this amount may be in unsubsidized loans
Proration Examples for Financial Aid
Business Information Technology Specialist
Jill is a dependent student enrolled in a 600 clock hour program at DSDT.
$3,500 and $2,000 are the annual loan limits FOR A TOTAL OF $5,500.
Program= 600 clock-hours
Academic year= 900 clock-hour
(600clock-hours/900clock-hours) X $3,500= $2,333 subsidized
(600clock-hours/900clock-hours) X $2,000= $1,333 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Jill can borrow is $3,666, but no more than $1,333 of this amount may be in unsubsidized loans.
Morgan is an independent student enrolled in a 600 clock hour program at DSDT.
$3,500 and $6000 are the annual loan limits FOR A TOTAL OF $9,500
Program= 600 clock-hours
Academic year= 900 clock-hour
(600clock-hours/900clock-hours) X $3,500= $2,333 subsidized
(600clock-hours/900clock-hours) X $6,000= $4,000 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Morgan can borrow
for the program is $6,333, but no more than $4,000 of this amount may be in unsubsidized loans
Proration Examples for Financial Aid
Medical Assistant Diploma Program
Morgan is an independent student enrolled in a 600 clock hour program at DSDT.
$3,500 and $6000 are the annual loan limits FOR A TOTAL OF $9,500
Program= 600 clock-hours
Academic year= 900 clock-hour
(600clock-hours/900clock-hours) X $3,500= $2,333 subsidized
(600clock-hours/900clock-hours) X $6,000= $4,000 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Morgan can borrow for the program is $6,333, but no more than $4,000 of this amount may be in unsubsidized loans
Morgan is an independent student enrolled in a 760 clock hour program at DSDT.
$3,500 and $6000 are the annual loan limits FOR A TOTAL OF $9,500
Program= 760 clock-hours
Academic year= 900 clock-hour
(760 clock-hours/900clock-hours) X $3,500= $2,956 subsidized
(760 clock-hours/900clock-hours) X $6,000= $5,067 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Morgan can borrow is $8,023, but no more than $5,067 of this amount may be in unsubsidized loans.
Proration Examples for Financial Aid
Prompt Engineer Professional
Jill is a dependent student enrolled in a 600 clock hour program at DSDT.
$3,500 and $2,000 are the annual loan limits FOR A TOTAL OF $5,500.
Program= 600 clock-hours
Academic year= 900 clock-hour
(600clock-hours/900clock-hours) X $3,500= $2,333 subsidized
(600clock-hours/900clock-hours) X $2,000= $1,333 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Jill can borrow is $3,666, but no more than $1,333 of this amount may be in unsubsidized loans.
Morgan is an independent student enrolled in a 600 clock hour program at DSDT.
$3,500 and $6000 are the annual loan limits FOR A TOTAL OF $9,500
Program= 600 clock-hours
Academic year= 900 clock-hour
(600clock-hours/900clock-hours) X $3,500= $2,333 subsidized
(600clock-hours/900clock-hours) X $6,000= $4,000 unsubsidized
The maximum combined subsidized and unsubsidized Direct Loan amount Morgan can borrow for the program is $6,333, but no more than $4,000 of this amount may be in unsubsidized loans.
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