Calculateur d'Aide Financière — Formule
## How to Calculate Scholarship Value
A scholarship's total value is its annual amount times the number of years awarded.
### Formula
**Total Value = Annual Scholarship x Years**
**Coverage = (Annual Scholarship / Annual Cost) x 100**
Remember to account for GPA requirements and renewal conditions.
A scholarship's total value is its annual amount times the number of years awarded.
### Formula
**Total Value = Annual Scholarship x Years**
**Coverage = (Annual Scholarship / Annual Cost) x 100**
Remember to account for GPA requirements and renewal conditions.
Exemple Résolu
An $8,000/year scholarship for 4 years at a school costing $28,000/year.
- Total value = $8,000 x 4 = $32,000
- Cost coverage = ($8,000 / $28,000) x 100 = 28.6%
- Remaining annual cost = $28,000 - $8,000 = $20,000