Student Budgets [5013]

 

 

          

 

Module Description

This module shall enable you to VIEW Student Budgets consisting of the computed Total Cost of Attendance for a student per every budget year. This module is created automatically based on the information derived from the Student Enrollment and the Identified Budget Source. When a record in Student Enrollment or the Budget Source is modified and saved, the system will automatically re-compute the student’s FA package and update the Student Budget. Updates shouldn’t be made in this module.

 

·Student Budgets are posted here automatically when a Student Enrollment is created. The Budget Source must also be identified in Campus Profile. Information in Student Budgets is also derived from the Student Term Budget module for Term Schools.

 

Field

Description

Key

Refers to the number sequentially assigned for each entry under the logged in school or campus

Private Budget

When a Budget Source is identified in student enrollment and Campus Profile, the Student Budget is assigned to each student automatically; therefore, this would be displayed as NO. If a budget was added for a specific student, then this would be set to YES

Manual Pay Period Count

Allows you to override the number of Payment Periods in the budget

Number of Hours/Units

Refers to the number of Hours/Units the student is enrolled for per budget year

Start and End Date - Original

Refers to the student’s first start and end date calculated based on the start date saved in the student enrollment module and the student’s schedule. Typically this is populated automatically in the student enrollment based on the program start and end dates entered in “Program Dates” in Administration section of RGMSMS

Start and End Date- Current

Refers to the student’s start and end date calculated based on the start date that is currently saved in the student enrollment module and all posted weekly schedules and leaves

Start and End Date- Manual

Refers to the student’s start and end date that was manually entered

Number of Months

Refers to the length in months of each budget

FC

Refers to the student’s Estimated Family Contribution during that budget

Kind if FC

Refers to the type of FC

Budget

Refers to the Budget source that was assigned in the Campus Profile and Student Enrollment module

Room

Refers to the Room and Board Costs for the current budget

Pell Child Care

Refers to the Childcare Costs for the current budget

Transportation

Refers to the transportation Costs for the current budget

Pell Handicap Care

Refers to the Handicap Care Costs for the current budget

Miscellaneous

Refers to the Miscellaneous Costs for the current budget

Tuition

Refers to the tuition charged in the Student Enrollment pro-rated for the current budget.

Childcare

Refers to the Childcare Costs for the current budget

Fees

Refers to the costs applied in the Student Enrollment module. These costs are applied to the first budget only and are not pro-rated

Books and Supplies

Refers to the costs applied in the Student Enrollment module. These costs are applied to the first budget only and are not pro-rated

Handicap Care

Refers to the Handicap Care Costs for the current budget

Loan Fees

Refers to the Loan Fees entered in Awarding and Packaging for the current Budget

School Charges

Refers to the student’s Total charges owed to the school under the selected enrollment