Skip to main content

2-Term/4-Term D-Plans

Students receiving financial aid should be aware that changes to your enrollment pattern will have an impact on your financial aid eligibility.  Because the annual student income contribution is not pro-rated by the number of terms that you are enrolled, grant aid may increase or decrease as a result of D-plan changes. 

The following is an example of how your per-term scholarship award might be affected depending on the number of terms enrolled in an academic year.  The numbers used are an example, actual parent and student contributions and job/loan levels vary by student.  

Parent Contribution: $24,000 (will be pro-rated per enrolled term)

Student Contribution: $3,000 (will NOT be pro-rated per enrolled term)

Job/Loan: $2,450 (will be pro-rated per enrolled term)

 

2-Term D-Plan

3-Term D-Plan (Typical)

4-Term D-Plan

Costs

$39,092

$58,639

$78,185

Parent Contribution (PC)

$16,000

$24,000

$32,000

Student Contribution (SC)

$3,000

$3,000

$3,000

Job/Loan (SH)

$1,633

$2,450

$3,267

Costs Less PC, SC and SH = Scholarship Eligibility

Scholarship Aid

$18,459

$29,189

$39,918

Per Term

$9,229

$9,729

$9,979

When you adjust your D-plan during an academic year, any adjustment to the per-term scholarship will be retroactive to the beginning of that academic year.  In the above case, if you were originally enrolled for summer, fall, and spring, then in December decided to change spring to a leave term, your per-term scholarship for summer and fall would be retroactively reduced from $9,729 to $9,229, and you would have a balance due of $1,000 on your next bill.  This is the result of the fact that the $3,000 student contribution is not pro-rated, so your per-term contribution is now $1,500 per term rather than $1,000.  Similarly, an addition of a term will typically increase your per-term scholarship for that year.

Last Updated: 6/22/11