There is a maximum TGP benefit calculated each semester, quarter or time you apply, and areas the benefit not does cover.
Maximum Benefit
The maximum TGP benefit is the lesser of:
- The cost of tuition or fees for your child's school, less any applicable grants or scholarships, or
- Up to one-half of Stanford's tuition. Half of Stanford's 2015-2016 tuition is $22,864.50.
How it Works
- The benefit payable on your behalf will be calculated each semester, quarter, or each time you apply for TGP benefits and receive an authorization letter.
- There is a maximum TGP benefit per semester of $11,432.25.
- There is a maximum TGP benefit per quarter of $7,621.50.
- The maximum payable is for up to 8 semesters or 12 quarters of undergraduate course work.
- Use caution when deciding to use TGP benefits for community college course work. The 8 semesters or 12 quarters of undergraduate course work is the maximum allowable regardless of the type of institution or amount of payment.
Ineligible for TGP
TGP will not pay for the following expenses:
- Room and board
- Books and course materials
- Health insurance
- Transportation and parking
- Tutoring fees
- Courses taken through correspondence
- Laboratory fees
- Special fees established only for specified courses
- Auditing fee, late fees or interest fees
- Tuition insurance
- Expenses at any United States or foreign institution that are not normally included in the basic tuition and fees by Stanford University, the University of California, or the California State Universities
- Other costs or expenses that Stanford, in its discretion, decides are not tuition within the meaning of this program
