Sentences with phrase «funds on a pro rata basis»

In the unlikely event that the annual budget for LRAP is insufficient to provide full benefits to all eligible graduates, the Associate Dean for Admissions and Financial Aid will allocate funds on a pro rata basis first to graduates in Tier 1 employment and then to graduates in Tier 2 employment.

Not exact matches

For a new program in the first year of implementation only, a program operating less than a full school year will receive state funds on a fractional basis determined by the pro rata portion of the school year the program is provided.

Each investor in the Fund (s) accounts for his or her pro rata portion of income or losses in the Fund (s) on an annual basis — regardless of whether or not that income, gain or loss is distributed.

However, if you have other IRA assets funded with deductible contributions, only a portion of the amount you convert will escape taxes, since all conversions must be done on a pro rata basis based on the total balance in all of your IRAs.

The funds are ordered to be distributed according to pro rata sharing based on tracing or the lowest intermediate balance rule («LIBR»).