Children's Tuition Grant - Benefit Amount
The grant amount is up to 75% of Duke's tuition after deducting the "deductible" and
other tuition scholarships your child may be eligible to receive. Only tuition expenses
are eligible for reimbursement. "Undesignated scholarships" in excess of the child's
fees and room and board are also deducted from the grant amount eligibility.
Deductible
The deductible amount is subject to change each year. Effective July 1, 2003 the
deductible will be $1,450 per semester.
It is deducted from your child's tuition expense to determine the amount of the grant your
child may be eligible to receive. If your child receives a scholarship designated for
tuition, it will be applied towards meeting the deductible. If you child receives and
"undesignated scholarship," any excess over the non-tuition costs will be applied as if
designated for scholarship. Also, several universities use a quarterly period rather
than a semester. The per semester deductible is adjusted on a pro-rata basis for these
schools.
You are responsible for the excess tuition expenses and any other costs.
Receiving Payment
The grant is paid directly to the qualifying institution. The grant is paid when
Benefits Administration receives the completed Tuition Grant Form from the institution. Duke is
refunded any credit balance (up to the amount of the tuition grant) that may occur after
this grant and all other scholarships, grants, or other forms of assistance (excluding loans
and payments by the student or his/her parent) are applied.
Other Issues
What happens when both parents are
eligible for the grant? If both parents are eligible for the grant,
the number of eligible semesters increases to
32, but the maximum grant level remains the same as does the eight 8 semesters
limit per child.
How is the deductible applied for summer
sessions? Two full sessions of summer school are counted as one
semester and has the $1,450 deductible.
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