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Pro - Rata Refund Practice Scenario: The school charges the student $ 5 , 0 0 0 for the program ( Total Charges ) .
ProRata Refund Practice
Scenario: The school charges the student $ for the program Total Charges This includes:
$ Tuition
Registration fee refundable
fee refundable
Books refundable
$ Total Charges
Registration fee nonrefundable
STRF fee nonrefundable
Books nonrefundable
$ Total Charges
The student pays $ up front Total Student Paid The student withdraws after completing out of days in the period of attendance.
What percentage of the period of attendance did the student attend?
Days Student Attended
lotal # ot Days
Percentage Attended
Is the student eligible for a prorata refund?
Yes
No
Divide the Total Charges by the total number of days in the period of attendance.
Total Charges
Total # ot days
Charge per day
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