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Salient. Official Newspaper of the Victoria University Students' Association. Vol 44 No. 2. March 9 1981

Calculating Your Grant

Calculating Your Grant

Now you have completed your form, fill in the following to work out what your hardship grant should be. If you don't like the answer talk to your interviewer and/or start again. If you have already applied you can apply for a reassessment at any time, but only if for more than $5 week as earlier mentioned.

If you have not declared sufficient parental support in Q20 this will be deducted from your hardship grant as per the scale in Q6, whether or not you actually receive that support.

Income

Total Awards Q19 $
Total Income Q20 $
Total Savings Q21 $
Tax Refund Q21 $
Total savings divided by years of degree Q24 $
Car resale divided by years of degree Q25 $
Asset resale divided by years of degree Q27 $
Tertiary Study Grant (37 wks) $851
Total A $

Expenditure

Total Weekly Expenditure Q28 × 37 $
Total Annual Expenditure Q29 $
Total B $

Hardship Estimate

Subtract Expenditure Total B from Income Total A and divide by 37.

Total A $
Les Total B $
Divided by 37
Hardship Estimate (per week) $

Note: Total B must exceed Total A before any Hardship Grant will be awarded.