Examples of Scholarship Allowance in a sentence
Scholarship Allowance- Student tuition and fee revenues, and certain other revenues from students, are reported net of scholarship discounts and allowances in the statement of revenues, expenses and changes in net position.
Scholarship Allowance - Student tuition and fee revenues, and certain other revenues from students, are reported net of scholarship discounts and allowances in the statement of revenues, expenses and changes in net position.
D.4.1 We will pay You a $2,500 Scholarship Allowance for each month during the Scholarship Term in which You are entitled to payment under this item D.4. Where Your entitlement to the Scholarship Allowance is only for part of a month (for any reason), the Scholarship Allowance will be reduced using the Pro Rata Calculation and paid in accordance with item D.4.4.
Scholarship Allowance Calculation Errors – DCB, DSU, LRSC, NDSCS, NDSU, VCSU, and WSC8.
The following note format has been accepted by the Colorado Higher Education Accounting Standards Committee (CHEASC) – See GASB 34/35/ Issue Paper #4 for use by all State institutions of higher education effective June 30, 2002.CALCULATION All colleges shall use the COGNOS program named Scholarship Allowance Report.
Significant Estimate: Scholarship Allowance- Accounting Policy: Scholarship discounts and allowances are the difference between the stated charge for the goods and services provided by the College and the amount that was paid by the students or third parties making payments on the student’s behalf.- Management’s Estimation Process: NACUBO Guidelines.- Our Conclusion: We evaluated the estimation process and noted it appeared reasonable.
NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Continued Scholarship Allowance - Student tuition and fee revenues, and certain other revenues from students, are reported net of scholarship discounts and allowances in the statement of revenues, expenses and changes in net position.
The school should insure State Grant revenues and expense are not included in their general ledgers (i.e. use an agency fund or make year-end adjustments). All schools but LRSC in particular complete the Scholarship Allowance using provided template instructions and do not change any of the formulas without the NDUSO's consent.University System Response/Planned Corrective Actions:DCB, DSU, LRSC, NDSS, NDSU, VCSU, WSC and NDUSO: Agree, and will implement prior to June 30, 2013.
Condensed Statement of Revenues, Expenses and Changes in Net Assets 2010 Highlights from the information presented in the Statement of Revenues, Expenses, and Changes in Net Assets for the fiscal year ended June 30, 2010 include the following: • Tuition and Fees, Net of Scholarship Allowance amounted to $49,599,394 or 43.77% of Total Operating Revenues.
Due to increases in tuition and fees and the number of students residing on-campus, the Scholarship Allowance increased by $6,408 to $50,617 in 2005 from $44,209 in 2004 while Student Aid Expense decreased by $5,598 to $20,721 in 2005 from $26,319 in 2004.As state research and development funding continued to leverage federal dollars, grants and contracts revenues increased $1,365 to $135,411 in 2005 from $134,046 in 2004.