Budget Assignment Formulas

Budget equations, formulas, and trees provide criteria for selecting which students receive a particular budget item. If you do not define a budget equation, formula, or tree for a budget item, students do not receive that budget item unless you assign it manually. Budget formula selection criteria are based on the values from selected database fields. Housing formulas, for example, could calculate various housing amounts for on-campus, off-campus, parent-supplied, and married housing.

Budget Equations can be created in the Equation Editor to define your school's criteria to determine what values should be assigned to students for Budget Items as well as used to determine what budget item should be assigned to specific students.

Define a budget equation or formula for all budget items that don't vary based on postal code (distance). To select budget items based on distance (such as transportation costs), use a budget tree.