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Basically for the cardinal approach, the consumer consumes two goods named S and T and as he or she consumes more of good S its utility decreases. Please help improve this article by adding citations to reliable sources.
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Look no further because help is here. If the amount of Title IV aid earned is insufficient to cover these charges and any payments already made to the student, the student is liable for these charges and they must be repaid before the student will be allowed to enroll in another term of study at Southeastern Technical College.
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Click on Financial Aid and Authorizations. As such, utility is a factor in the assumptions influencing consumer demand theory. Goods give us a certain amount of happiness or satisfaction, and we prefer goods that give us more happiness to goods that give us less happiness.
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If the student completed 60 percent or less of the term, the percentage of the period completed is equal to the percentage of aid earned. The percentage completed will be calculated by counting the number of days completed up to the point of withdrawal divided by the total number of days in the term.
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This percentage will be applied to Title IV funds for which the student established eligibility prior to the withdrawal date. The utility, however, of the less consumed good, good T, increases. First loan check runs each semester will be handed out to students on both the Swainsboro and Vidalia campuses determined by the home campus of the program in which the student is enrolled.
We still do not have reliable precise measures of cardinal utility, but it is an ongoing field of research.
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