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Reply to "college savings for kid"
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[quote=Anonymous][quote=Anonymous] They will pay out a lump payment to either a private or out of state school. They base the amount on the current amount of tuition that year that you are going. [/quote] This is the explanation of weighted average tuition and it's very complicated: The Weighted Average Tuition is the in-state or in-county Tuition at each Maryland public college times the number of full-time equivalent in-state or in-county students enrolled at that college, added together. This total is then divided by the number of full-time equivalent in-state or in-county students enrolled at all Maryland public colleges. So it's not as simple as what you said and i can't figure out what this means. If Maryland tuition in 2025 is $15k/year and does that mean that they will transfer $15k/year to another institution? doesn't seem like it[/quote]
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