1. Cost of Attendance for Nontraditional Graduate Students Presenters: Wayne Mahoney Assistant Dean for Financial Aid Southwestern Law School Martha C. Trujillo, MPA Director of Financial Aid Stanford University School of Medicine Moderator: Lina Bojorquez Southwestern Law School

2. Nontraditional Student Older student with assets Second Career Married Married w/children Single w/children Divorced w/spousal and/or child support Student prime support of parents or other family members

3. Standard Budgets Tuition Room & Board Books & Supplies Health & Disability Insurance Allowable Fees Transportation Allowance

4. Budget Adjustments Dependent Care Child Care Alimony/Child Support

5. Sample Dependent Care Allowance Calculation Dependent Allowance Table 2013-14 Student Name: Stanford Medicine Procedure for Dependent Care Allowance Independent Students with Dependents Family Size* (including student) Number in College** 12345 2 $ 24,150 $ 20,020 3 $ 30,070 $ 25,960 $ 21,830 4 $ 37,130 $ 33,010 $ 28,900 $ 24,760 5 $ 43,810 $ 39,670 $ 35,570 $ 31,450 $ 27,340 6 $ 51,230 $ 47,110 $ 43,020 $ 38,870 $ 34,770 * For each additional family member, add $5,780 ** For each additional college student, subtract $4,110 STEP 1From Table Find Amt for total family size and30,070 number in college and divide it by total family size3 =10,023 STEP 2Take amount derrived from Step 1 and10,023 multiply by # in family, excluding student***.2 =20,047 STEP 3Subtract Available Discretionary Income=14,871 (Available Discretionary Income form Needs Analysis) STEP 4Subtract Calculated Contribution to Student=3,319 (From Needs Analysis) DEPENDENT CARE ALLOWANCE=1,857 ***Exclude spouse if spouse is student or children are over 5 years of age.

6. Other Resources Supplemental Nutrition Assistance Program (SNAP) Benefits Residency Interview & Relocation Loans Credentialing/Licensure Loans Unemployment

7. Budget Exclusions Post-Baccalaureate Courses Holiday Travel Car Purchase Residency Interview Travel (maybe)

8. Funding for Exceptional Circumstances School Resources Federal Loan Private Loan Family Resources

9. References “Is Graduate School Worth the Cost?” – By Tara Kuther, Ph.D.(About.com Graduate School) “Succeed as a Nontraditional Grad School Applicant” by Dr. Don Martin (USNWR) “Tips for Fitting Grad School into Your Life” by Christopher J. Geardon (USNWR) Higher Education Act of 1965 Section 479A [20USC 1087tt] Discretion of Student Financial Aid Administrators (PJ)