Allowable Expenses
以 前,Allowable Expenses包括每周的Living Expenses($165),Daycare Expenses,以及其他一次性的开销。现在,Allowable Expenses被分成monthly expenses和one-time expenses两部分。Monthly Expenses主要包括:
Living Expenses: $715/m
Living Expenses for Children: $217/m for first child and $200/m for others
Childcare Expenses: $151/m (study month)
其他一次性的费用跟以前一样。
如 果你学期中withdraw one or several causes,你的Living Expenses减$100。如果withdraw study并且下学期回来,Living Expenses减$200。如果你不回来了,no expenses will be allowed from the month following your withdrawal。当然,这期间如果政府多给了你的钱,就算到下学期的Loan里去。
Contribution
公式:Contribution = (Employment Income Exemption )* 50%
- Contribution Reduction
+ Other Income
在 解释Exemption的计算之前,需要引入一个概念:Protected Income,就是你生存必须的最底收入。政府把这部分留给你生活用,剩下的开始动刀。Protected Income是每月$1110,从01/01开始直到L&B年度中你呆在学校的最后一个月。(我没找到Employment Income是不是同样时段?)
Exemption = Basic Exemption + Additional Exemption,这2部分大家都有,分2部分的原因是计算方法不同。
Basic Exemption = Min(Employment Income, Protected Income*30%)
Additional Exemption=Min(Employment Income*35%+Protected Income*35%, Protected Income*70%)
如果夏季4个月你没上学的话,你的Protected Income应该是$1110*4=$4440。那么,你在整个年度中的Employment Income超过$4440的部分要扣除50%。这显然是鼓励大家找工作。
Contribution Reduction这部分看的比较迷惑。有3种情况可以享受这个Reduction:
(1) Not fulltime studies
(2) Not fulltime studies and living with parents
(3) You are working
3种情况各有公式计算。第3种情况是:
$380*MIN(month of protected income-(total credits/3), employment income/$1110)