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Amount of Loan

To determine the amount of the loan that could be awarded to you, perform the calculation that corresponds to the applicable level of education.

University

Public college

Private college

Vocational training

University

Loan amount awarded
  Fall Winter Summer  
Educational expenses
Enter the number of credits for which you are enrolled and multiply by $119.91.
_____ X $119.91 = $_____ _____ X $119.91 = $_____ _____ X $119.91 = $_____ $______
Childcare expenses
Enter the number of your dependent children under age 12 and multiply by $543.
_____ X $543 = $_____ _____ X $543 = $_____ _____ X $543 = $_____ + $______
Write the number of your dependent children aged 12 to 17 that suffer from a major functional disability or mental disorder and multiply by $543. _____ X $543 = $_____ _____ X $543 = $_____ _____ X $543 = $_____ + $______
Result = $______

If the result is greater than $100, you will obtain a loan for that amount.

Public college

Loan amount awarded
  Fall Winter Summer  
Educational expenses
Enter the number of course hours and multiply by $3.34.
_____ X $3.34 = $_____ _____ X $3.34 = $_____ _____ X $3.34 = $_____ $_____
Childcare expenses
Enter the number of your dependent children under age 12 and multiply by $543.
_____ X $543 = $______ _____ X $543 = $______ _____ X $543 = $______ + $_____
Enter the number of your dependent children age 12 to 17 with a major functional disability or mental disorder and multiply by $543. _____ X $543 = $_____ _____ X $543 = $_____ _____ X $543 = $_____ + $_____
Result = $_____

If the result is greater than $100, you will obtain a loan for that amount.

Private college

Loan amount awarded
  Fall Winter Summer  
Educational expenses
Enter the number of course hours and multiply by $11.18.
_____ X $11.18 = $_____ _____ X $11.18 = $_____ _____ X $11.18 = $_____ $_____
Childcare expenses
Enter the number of your dependent children under age 12 and multiply by $543.
_____ X $543 = $_____ _____ X $543 = $_____ _____ X $543 = $_____ + $_____
Enter the number of your dependent children age 12 to 17 with a major functional disability or mental disorder and multiply by $543. _____ X $543 = $_____ _____ X $543 = $_____ _____ X $543 = $_____ + $_____
Result = $_____

If the result is greater than $100, you will obtain a loan for that amount.

Vocational training

Loan amount awarded
  Fall Winter Summer  
Educational expenses
Enter the number of course hours and multiply by $2.23.
_____ X $2.23 = $_____ _____ X $2.23 = $_____ _____ X $2.23 = $_____ $_____
Childcare expenses
Enter the number of your dependent children under age 12 and multiply by $543.
_____ X $543 = $_____ _____ X $543 = $_____ _____ X $543 = $_____ + $_____
Enter the number of your dependent children age 12 to 17 with a major functional disability or mental disorder and multiply by $543. _____ X $543 = $_____ _____ X $543 = $_____ _____ X $543 = $_____ + $_____
Result = $_____

If the result is greater than $100, you will obtain a loan for that amount.

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