Program Costs

To configure budgets so that Anthology Student calculates the institutional charges for a program version using the values here instead of the values specified in the budget, you can use the Program Costs tab on the Program Versions page to specify the charges. Anthology Student uses the following formula to then calculate the institutional charges for an academic year when budgets have Calculate Total Program Costs selected in the Inst Charges Calc Method list.

(Program Costs Configured for the Program Version in Financial Aid / Total Number of Weeks in the Program Version) * (Weeks in Academic Year - Weeks Not Enrolled)

Prerequisites

Authorizations:

  • Financial Aid - Configuration - Manage

Access

Configuration > Financial Aid > Program Versions

Add or Edit Program Costs

  1. If not already selected, select the Program Version in the grid.

  2. Select the Program Costs tab.

  3. To:

    • Add an item, select New or Add

    • Edit an item, select its name

  4. Review, specify, or change the values.

    Books and School Supplies Closed The total cost of books and supplies for the program version.

    Effective DateClosed The first date the program costs can be used. If needed, you can have more than one effective date, but the effective dates must be unique. For example, if you add records with effective dates of 01/01/2018 and 02/01/2018, the costs in the record for 01/01/2018 are only used until 02/01/2018.

    Other Closed The total of any other institutional charges for the program version.

    Total Closed Displays the sum of values in the record for Tuition, Books and School Supplies, and Other.

    Tuition Closed The cost of tuition for the program version.

  5. Save your changes.