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This example academic program is requesting a total of $150,000 in Direct Costs

This example academic program is requesting a total of $150,000 in Direct Costs 2025

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The document outlines an example of academic program budget preparation, detailing a total request of $150,000 in direct costs. It breaks down the budget into Trainee Costs ($90,000) and Training-Related Expenses (TRE) ($60,000), specifying allocations for stipends, tuition, fees, and travel for trainees. It also explains the calculation of Facilities & Administrative (F&A) costs and provides instructions for completing budget forms required for submission.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the total amount requested for Direct Costs, which is $150,000. Ensure this figure is prominently displayed at the top of the form.
In the Trainee Costs section, specify the amounts for Stipends, Tuition and Fees, and Trainee Travel. For instance, enter $44,064 for Stipends (2 trainees), $41,000 for Tuition and Fees (5 trainees), and $4,936 for Trainee Travel (4 trainees).
Next, move to the Training-Related Expenses (TRE) section. Input costs associated with personnel ($53,000), consultants ($2,500), supplies ($1,500), and non-trainee travel ($3,000) to total $60,000.
Complete Form Page 4 by detailing entries such as Personnel, Consultant Costs, Equipment, Supplies, Travel (non-trainee), and Other Expenses. Ensure all subtotals are calculated accurately.
Finally, review your entries for accuracy before submitting. Make sure all required fields are filled out correctly to avoid delays.

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What is the meaning of total direct cost?

total direct costs means all direct costs incurred in connection with a particular Asset Series, including court costs, media costs, third-party servicing fees, costs to manage third-party servicing efforts and costs incurred in respect of internal collection efforts (including salaries, commissions and benefits of

What is the total direct cost in FAFSA?

Direct costs are paid directly to the school you will be attending and will include the costs of things such as tuition, fees, food and housing. for instruction and enrollment in courses.

What are direct costs in financial aid?

Direct Costs Expenses that are billed to your student account and paid directly to the school: tuition and fees, on-campus housing and meal plan (if you live on-campus).

What is an example of a total direct cost?

Direct costs examples include direct labor and direct materials. Although direct costs are typically variable costs, they can also be fixed costs. Rent for a factory, for example, could be tied directly to a production facility.

What is an example of direct cost in college?

Direct costs are items that will appear on your University bills, such as tuition, fees, and room and board (if you live on campus). Indirect costs will not appear on your bill but are estimated costs associated with going to college and should be included in your budget.

What is the total direct cost method?

Using the direct costing method, the cost of a product or service is determined by adding the direct material cost, direct labor cost, and direct expenses. This method is useful for short-term decision making and in situations where it is difficult to allocate fixed costs to specific products or services.

What is the #1 most common FAFSA mistake?

Some of the most common FAFSA errors are: Leaving blank fields: Too many blanks may cause miscalculations and an application rejection. Enter a 0 or not applicable instead of leaving a blank. Using commas or decimal points in numeric fields: Always round to the nearest dollar.

This example academic program is requesting a total of $150,000 in Direct Costs 2025

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