Scholarship Amount Calculator

Work out scholarship amount instantly with clear inputs, formula shown and shareable results.

About Scholarship Amount Calculator

Means-cum-merit scholarships combine a fee support percentage set by income band with a merit uplift, capped at the actual fee, plus a flat maintenance allowance for living costs. The maintenance element is often the difference between a scholarship being usable and not.

Formulas

Tuition support

Support = min(Tuition fee, Tuition fee x (Income band rate % + Merit bonus %))

Total scholarship

Total = Tuition support + Maintenance allowance

Worked example

With the default values below, Scholarship Amount Calculator returns Total annual scholarship of $168,000.00. Change any input above and every figure here is recalculated in your browser.

Inputs used

Annual tuition fee: 180,000
Fee support rate for your income band: 70
Additional merit-based support: 10
Annual maintenance allowance: 24,000

Results

Total annual scholarship: $168,000.00
Tuition fee support: $144,000.00
Maintenance allowance: $24,000.00
Proportion of tuition covered: 80.00%

Step by step

1Values used
2Tuition support
3Total scholarship
4Total annual scholarship= 168,000.00
5Tuition fee support= 144,000.00
6Maintenance allowance= 24,000.00
7Proportion of tuition covered= 80.00

Assumptions and limits

The result is derived only from the 4 inputs listed above. Anything not among them is not part of the calculation.
In particular, this calculator does not take inflation or tax into account.
Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
Indicative estimate only. Fees, entitlements, limits and formulas vary by jurisdiction, statute, policy wording and the facts of the case. This is not legal, tax, insurance or financial advice — confirm with a qualified professional or the relevant authority.

How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.

Indicative estimate only. Fees, entitlements, limits and formulas vary by jurisdiction, statute, policy wording and the facts of the case. This is not legal, tax, insurance or financial advice — confirm with a qualified professional or the relevant authority.

Frequently Asked Questions

Can support exceed the actual fee?

No. Fee support is capped at the fee charged; any surplus entitlement is not paid as cash.

Is the scholarship taxable?

Scholarships to meet the cost of education are exempt in most jurisdictions, but confirm the local rule for maintenance allowances.