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Locked Rate and Variable Rate Tuition FAQs What is my tuition rate code? Tuition and fees for undergraduate students are assessed based on assigned tuition rate codes. Prospective Undergraduate Students

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What is locked rate and variable?

Locked rate is a fixed interest rate whereas variable rate changes with market conditions.

Who is required to file locked rate and variable?

Individuals or entities who have loans or investments with locked rate or variable interest rates.

How to fill out locked rate and variable?

Fill out the necessary forms provided by the financial institution or tax authority.

What is the purpose of locked rate and variable?

The purpose is to accurately report on the interest rates being paid or earned on loans or investments.

What information must be reported on locked rate and variable?

The interest rate, the type of rate (locked or variable), the principal amount, and the duration of the loan or investment.

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