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Calculating Weighted Average Price Requirement (unrounded)
The Weighted Average Price Requirement feature calculates any amounts necessary to meet the current year’s weighted average price requirements and any amounts carried forward from the previous year.
1.To complete the Weighted Average Price Requirement, select the radial button next to the applicable year.
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Weighted Average Price Requirement (Unrounded) Screen
2.Enter the price into the textbox next to the marked radial button.
.png) Please Note: All fields are read only except for the option that contains a radial button. All other fields are calculated when the clicking or tabbing to a new box.
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Weighted Average Price Requirement Text Screen Example 1
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Weighted Average Price Requirement Text Screen Example 2
3.If the prior year is above the current year maximum, a warning message will display.
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Warning Message Example
Please Note: All year references (except for 2010-2011), the Consumer Price Index (as noted in the Program Year Default section), and the “At or above equity” warning message are all dynamic, so when working in the preceding school year, the following school year’s calculations will be adjusted accordingly.
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