by Vandal » Tue Oct 25, 2022 11:15 am
I can't speak on anything regarding the requirement to pay back your remaining funds due to being fired vs quitting, I would suggest reaching out to your SMART coordinator to get more info on that. However I can speak to how the requirements were laid out to me regarding repayment as I made sure to ask about this once my Phase 2 started just in case I decided I wanted to move somewhere else. Repayment, again info from what I've been told-not experienced so take with a grain of salt, should be prorated based on how much time you served, minus taxes you paid on stipends, minus health insurance and any extra funds obtained due to participating in a summer internship (both are not required to be paid back).
In the end it should be a prorated amount of the sum of "miscellaneous allowance", stipends, and tuition minus taxes spent based on the rest of your debted time. Hope this info helps and once you get things all figured out I would greatly enjoy hearing how SMART handles your situation.
Cheers,
I can't speak on anything regarding the requirement to pay back your remaining funds due to being fired vs quitting, I would suggest reaching out to your SMART coordinator to get more info on that. However I can speak to how the requirements were laid out to me regarding repayment as I made sure to ask about this once my Phase 2 started just in case I decided I wanted to move somewhere else. Repayment, again info from what I've been told-not experienced so take with a grain of salt, should be prorated based on how much time you served, minus taxes you paid on stipends, minus health insurance and any extra funds obtained due to participating in a summer internship (both are not required to be paid back).
In the end it should be a prorated amount of the sum of "miscellaneous allowance", stipends, and tuition minus taxes spent based on the rest of your debted time. Hope this info helps and once you get things all figured out I would greatly enjoy hearing how SMART handles your situation.
Cheers,