6 STUDENT BUDGETS CONTENTS Introduction .................................................................................................................................. 6-3 SECTION 1 – Policies for both Legacy and CUNYfirst colleges 2015-16 CUNY Student Budget Calculations ................................................................... 6-3 2015-16 CUNY Tuition ..................................................................................................... 6-3 Budget Adjustments for Students with Special Circumstances ......................................... 6-6 Child Care/Elder Care ................................................................................................. 6-6 Disabled/Handicapped ................................................................................................ 6-6 Out-of-State Tuition .................................................................................................... 6-6 Students Enrolled in ASAP......................................................................................... 6-6 Accelerated Study Fee................................................................................................. 6-6 Professional Judgment ................................................................................................ 6-6 Less than ½ time Budget for Self-Help and Campus-Based Aid ................................ 6-7 Summer Budget .......................................................................................................... 6-7 Cooperative Education Budget Adjustment ................................................................. 6-7 SECTION 2 – Legacy College Budget Calculations Living Away from Parents – AY 2015-2016 ..................................................................... 6-8 Living With Parents – AY 2015-2016 ............................................................................... 6-9 SECTION 3 – CUNYfirst College Budget Calculations Living Away from Parents – AY 2015-2016 ................................................................... 6-10 Living With Parents – AY 2015-2016 ............................................................................. 6-11 Student Fees – Legacy Colleges................................................................................................. 6-12 Student Fees – CUNYfirst Colleges .......................................................................................... 6-13 STUDENT BUDGETS 6-1 OSFA STUDENT BUDGETS 6-2 SAM 2015-2016 Introduction This chapter is being divided into three sections for clarity. The first section will deal with policies and procedures that apply to both the “legacy” colleges and the CUNYfirst colleges. The next section will delineate the budget calculations that apply to the legacy colleges only. And the third section will explain the budget calculations for the CUNYfirst colleges. SECTION 1 – General Policies 2015-2016 Budget Calculations CUNY’s student expense budgets represent an estimate of the maximum expenses allowed for awarding need-based financial aid to a student pursuing his or her education at CUNY. The types of costs that may be included in the cost of attendance budget are prescribed by Section 472 of the Higher Education Act. While the cost categories are the same for all federal student aid programs, the appropriate amounts to include for each category are determined for CUNY students each academic year by the Office of Student Financial Assistance. Budgets are adjusted every year based on the changes in selected budget elements in the Bureau of Labor Statistics Consumer Price Index for all Urban Consumers available at: http://www.bls.gov. The CPI shows the yearly changes in the elements that are used to create CUNY’s student expense budget. The following charts explain the data used to create the 2015-2016 CUNY Student Expense budgets. These budgets were derived using the 2014-15 budget components and adding the percentage increase from the Bureau of Labor Statistics (BLS) CPI data to that component. Rather than using the national CPI data, the NY/NE NJ data was used. In addition, we used our own figures for housing and lunch. Since the budgets are derived in December/January of the prior academic year, data from the prior year are used to create the budgets. Therefore, 2014 expenditures are used to create the 2015-2016 budgets. 2015-2016 Tuition Rates Enrollment Four-Year College Community College New York State Residents $6,330 per year (full-time) $275 per credit (part-time) $4,800 per year (full-time) $210 per credit (part-time) Out-of-State Residents $16,800 per year (full-time)* $560 per credit (part-time) $9,600 per year (full-time)* $320 per credit (part-time) *Full-time tuition is based on students taking 15 credits per semester as of Fall 2015. STUDENT BUDGETS 6-3 OSFA 2014 expenditures Source: http://www.bls.gov 12/17/14 Base year 2013 12months housing* Base year 2014 9 months yearly change 12 months 9 months 13,898 10,798 3.3% 14,315 *11,091 1,110 846 1.6% 1,107 843 340 258 1.1% 344 261 entertainment 1,455 1,098 0.6% 1,467 1,107 medical 2,277 1,752 2.6% 2,329 1,792 food 3,847 2,892 0.2% 3,970 2,985 at home 1,857 1,390 -0.2% 1,920 1,437 lunch** 2,066 1,562 0.8% 2,126 *1,607 1,304 None apparel personal books 1,364 This chart shows the basic calculations using the BLS data although several of the line items are then adjusted for CUNY’s use. Please note the following changes: *Use CUNY Housing Budget Calculation: Review of 1 bedroom apartments on Craigslist from 12/26/12 Average cost = $1,098/month for individual share of apartment Use $1,098/mo rent plus $56 utilities = $1,154/mo for housing ($10,386 for 9 months) **Use CUNY Lunch Calculation: $6.75/day x 5 days x 17 weeks/term x 2 terms NYC adjustment Regional adjustment apparel personal 832 10% Personal Totals LWP LAP 928 928 928 261 10% 288 288 288 entertainment (LAP) 1,107 10% 1200 600 1,200 food 2,985 10% 3282 1,816 2,416 *LWP gets ½ of an LAP entertainment budget STUDENT BUDGETS 6-4 SAM 2015-2016 CUNY has created separate block budgets for students based on whether they live with or away from their parents as reported on the FAFSA. The following charts show how the separate dollar amounts for each budget category are derived. Not included in the charts on this page are the appropriate tuition and fee charges which are, of course, essential components of every student’s budget but are student, school and program specific. Also note that these budget calculations are the average costs of attendance estimated for students attending CUNY in each category used for the purposes of packaging aid awards and are not meant to represent exact dollar for dollar costs. Living with Parents books & supplies use 2014 figure + 4.5% from CPI-U 1,364 transportation use weekly metrocard ($31) x 17 weeks/term x 2 terms 1,054 apparel use NYC adjusted figure 928 other use NYC adjusted figure 288 entertainment use NYC adjusted figure / 2 600 1,816 personal (total) room & board Use Table A3: Income Protection Allowance from The EFC Formula, 2015-2016 4,210 lunch at school use $6.75/day x 17 weeks/term x 2 terms 1,148 total 9,592 Living Away from Parents* books & supplies use 2014 figure + 4.5% from CPI-U 1,364 transportation use weekly metrocard ($31) x 17 weeks/term x 2 terms 1,054 medical use 2014 figure adjusted to 9 months 1,792 apparel use NYC adjusted figure 928 other use NYC adjusted figure 288 entertainment use NYC adjusted figure 1,200 4,208 personal (total) housing use CUNY housing calculation 10,386 lunch at school use $6.75/day x 17 weeks/term x 2 terms 1,148 food at home use NYC adjusted figure minus calculated lunch 2,135 total 19,984 “*Budgets for The CUNY Law School and the CUNY Graduate Center for doctoral students differ from these calculations based on higher living expenses, books, and additional medical expenses. Contact those colleges for their specific numbers.” STUDENT BUDGETS 6-5 OSFA Budget Adjustments for Students with Special Circumstances Certain special circumstances may call for adjustments either to raise or lower $ amounts in students’ block budgets as appropriate: Child Care/Elder Care – Students with dependent care expenses for children under 13 years of age (that is, 12 years + 12 months – 1 day) or for an elderly family member (or members) are eligible for a dependent care allowance. This allowance should not be given to families who receive day care services or funds from the HRA or free daycare services from the college. Assume 6 hours/week per course with travel time Use $7.75/hour x 6 hours per course x 2 courses Multiply 17 weeks/term for 2 terms Adjust result to make it divisible by 9 months $99 $3366 $3,366.00 Disabled/Handicapped – Students who can document additional expenses as a result of a disability and who are not sponsored by the Office of Vocational Rehabilitation (OVR) and/or the Commission for the Blind and Visually Handicapped may receive a budget adjustment for these expenses. Students not presently supported by these agencies, and not previously rejected by these agencies, must be referred to them prior to making such an adjustment. If the student indicates they need additional supplies/equipment, the FAA should inquire from the student’s counselor at the appropriate agency whether the requested items will be provided by the organization. If not, the student’s budget may be increased to reflect the reasonable cost of the items needed. Out-of-State Tuition – Students attending CUNY charged out-of-state tuition have their budget adjusted by that amount. Students Enrolled in ASAP – The Accelerated Study for Associate Programs (ASAP) program provides its students with Metrocards. Since ASAP students incur no costs for transportation, this budget component is adjusted to 0 for ASAP students. Professional Judgment – The FAA may, on a case by case basis, use professional judgment to adjust elements of the cost of attendance based upon individual student requests for such consideration. Such adjustments must be for a compelling unusual circumstance that can be fully supported by documentation in the student’s file. Adjustments should be limited to expenses that relate directly to the student and his or her academic program. (Costs related to the student’s family are addressed by the EFC formula.) Documented costs for book or supplies related to the student’s curriculum in excess of the budget maximums, reasonable costs for the rental or purchase of a personal computer, unusual medical or transportation expenses exceeding the allowances in CUNY’s block budgets might justify the use of a PJ cost of attendance adjustment. Remember that 1) the law prohibits the use of professional judgment to create a new cost of attendance category or categories; 2) the FAA is under no obligation to use professional judgments to make COA adjustments; its use by financial aid administrators is optional; and STUDENT BUDGETS 6-6 SAM 2015-2016 3) the school must complete the verification process for any applicant selected by the CPS before making a COA adjustment. Note that CUNY has a standard dependent care allowance that is included in the budgets of students with dependents. This situation would not be an exercise of professional judgment. On the other hand, if a student is requesting dependent care expenses in an amount which exceeds a standard allowance, increasing the allowance on an applicant selected for verification would be a use of PJ authority that should be exercised only after verification was completed. Less than ½ Time Budget for Self-Help and Campus-based Aid Only the costs for tuition & fees and allowances for books & supplies, transportation and dependent care expenses (where applicable) may be included as part of the COA for students who are enrolled less than half-time. Use the following budget for packaging campus-based aid: Transportation 467.50 ((5 trips @ $2.75) per week) x 34 weeks) Books & Supplies 341.00 ($1,364/4) + $808.50 + Tuition /fees + Dependent care expenses [where applicable] [Note: The types of costs in the Pell Grant budget for students enrolled for less than half time are the same as for the other Title IV programs but the Pell budget does not pro-rate the budget components and always uses the costs for a full academic year.] Summer Budgets Use the appropriate block budget that reflects either living with parents or living away from parents status and the period of attendance. When students who are not enrolled in a summer session use FWS in the summer, 62.5% of the actual earnings will be treated as a resource and subtracted from the student’s academic year financial need Cooperative Education Budget Adjustment Students with a “living with parents” budget enrolled in cooperative education programs for at least 4.5 months duration may have their academic year budgets increased to reflect the additional costs incurred by going to work. The maximum allowable costs are: Lunch $ 390.00 ($32.50 per week x 12 weeks) Transportation 0 (weekly Metrocard included in standard budget) Personal 780.00 ($65 x 12 weeks) Total $1170.00 Students who have 2 Co-op assignments during the award year will have the following budget: 1st Co-op budget $1170.00 Personal Total 520.00 $1690.00 STUDENT BUDGETS 6-7 OSFA SECTION 2 – Legacy College Budgets The following budget chart is used only for students who are enrolled at “legacy” colleges. In 20152016 these school are Baruch College, City College, NYC College of Technology, and the CUNY School of Professional Studies. LIVING AWAY FROM PARENTS - AY 2015-2016 1.5 MONTHS 3 MONTHS 4.5 MONTHS 6 MONTHS 7.5 MONTHS 9 MONTHS 10.5 MONTHS 12 MONTHS BOOKS AND SUPPLIES * 227 455 682 909 1,137 1,364 1,591 1,591 TRANSPORTATION 176 351 527 703 878 1,054 1,230 1,405 >= HALF TIME PERSONAL EXPENSES 701 1,403 2,104 2,806 3,507 4,208 4,910 5,611 1,731 3,462 5,193 6,924 8,655 10,386 12,117 13,848 FOOD (AT HOME) 356 712 1,067 1,423 1,779 2,135 2,490 2,846 LUNCH 191 383 574 765 956 1,148 1,339 1,530 $3,382 $6,765 $10,147 $13,529 $16,912 $20,294 $23,676 $26,831 $596 $1,191 $1,787 $2,382 $2,978 $3,573 $4,169 $4,764 HOUSING ** BLOCK BUDGET *** CHILD CARE HOUSING EXCLUSION ($1,731) ($3,462) ($5,193) ($6,924) ($8,655) ($10,386) ($12,117) ($13,848) MEDICAID ($299) ($597) ($896) ($1,195) ($1,494) ($1,792) ($2,091) ($2,390) BUDGET w/CHILD CARE BUDGET w/HOUSING EXCLUSION BUDGET w/MEDICAID EXCLUSION $3,978 $7,956 $11,934 $15,911 $19,890 $23,867 $27,845 $31,595 $1,651 $3,303 $4,954 $6,605 $8,257 $9,908 $11,559 $12,983 $3,083 $6,168 $9,251 $12,334 $15,418 $18,502 $21,585 $24,441 + TUITION + TUITION + TUITION + TUITION + TUITION + TUITION + TUITION + TUITION + FEES + FEES + FEES + FEES + FEES + FEES + FEES + FEES TOTAL $128 $255 $383 $511 $638 $766 $894 $1,021 CHILD CARE $298 $596 $893 $1,191 $1,489 $1,787 $2,084 $2,382 TOTAL W/CHILD CARE $425 $851 $1,276 $1,702 $2,127 $2,553 $2,978 $3,403 + TUITION + TUITION + TUITION + TUITION + TUITION + TUITION + TUITION + TUITION + FEES + FEES + FEES + FEES + FEES + FEES + FEES + FEES < HALF TIME *If a student's curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. **The amount allocated for housing expects that students share housing costs. ***Students’ college costs, excluding tuition and fees, are expected to be the total block budget. The category breakouts are a general guide and the amounts can be reallocated between categories. STUDENT BUDGETS 6-8 SAM 2015-2016 The following budget chart is used only for students who are enrolled at “legacy” colleges. In 20152016 these school are Baruch College, City College, NYC College of Technology, and the CUNY School of Professional Studies. LIVING WITH PARENTS - AY 2015-2016 1.5 MONTHS 3 MONTHS 4.5 MONTHS 6 MONTHS 7.5 MONTHS 9 MONTHS 10.5 MONTHS 12 MONTHS $227 $176 $191 $303 $702 $455 $351 $383 $605 $1,403 $682 $527 $574 $908 $2,105 $909 $703 $765 $1,211 $2,807 $1,137 $878 $956 $1,513 $3,508 $1,364 $1,054 $1,148 $1,816 $4,210 $1,591 $1,230 $1,339 $2,119 $4,210 $1,591 $1,405 $1,530 $2,421 $4,210 BLOCK BUDGET ** $1,598 $3,197 $4,796 $6,395 $7,992 $9,592 $10,488 $11,157 CHILD CARE HOUSING EXCLUSION $596 ($702) $1,191 ($1,403) $1,787 ($2,105) $2,382 ($2,807) $2,978 ($3,508) $3,573 ($4,210) $4,169 ($4,210) $4,764 ($4,210) BUDGET w/CHILD CARE BUDGET w/HOUSING EXCLUSION $2,194 $4,388 $6,583 $8,777 $10,970 $13,165 $14,657 $15,921 $896 $1,794 $2,691 $3,588 $4,484 $5,382 $6,278 $6,947 $1,492 $2,985 $4,478 $5,970 $7,462 $8,955 $10,447 $11,711 + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES TOTAL CHILD CARE $128 $298 $255 $596 $383 $894 $511 $1,191 $638 $1,489 $766 $1,787 $894 $2,085 $1,021 $2,382 TOTAL w/CHILD CARE $426 $851 $1,277 $1,702 $2,127 $2,553 $2,978 $3,403 + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES + TUITION + FEES >= HALF TIME BOOKS AND SUPPLIES * TRANSPORTATION LUNCH PERSONAL EXPENSES HOUSING BUDGET w/CHILD CARE & HOUSING EXCLUSION < HALF TIME *If a student's curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. **The amount allocated for housing expects that students share housing costs. ***Students’ college costs, excluding tuition and fees, are expected to be the total block budget. The category breakouts are a general guide and the amounts can be reallocated between categories. STUDENT BUDGETS 6-9 OSFA SECTION 3 – CUNYfirst College Budgets The following budget chart is used only for students who are enrolled at CUNYfirst colleges. In 2015-2016 these school are Bronx Community College, Brooklyn College, Borough Manhattan Community College, College of Staten Island, Hostos CC, Hunter College, John Jay College, Kingsborough CC, LaGuardia CC, CUNY Law School, Lehman College, Medgar Evers College, Guttman CC, Queensborough CC, Queens College, and York College. LIVING AWAY FROM PARENTS - AY 2015-2016 >= Half Time Books and Supplies * Transportation Personal Expenses Medical Housing ** Food (At Home) Lunch Loan Fees Total Block Budget *** Child/Elder Care Housing Exclusion Medicaid Budget w/Child Care Budget w/Housing Exclusion Budget w/Medicaid Exclusion SUMMER ONE TERM SUMMER + ONE TERM 2 TERMS – FALL/SPRING SUMMER + FALL/SPRING $455 $682 $1,137 $1,364 $1,591 $351 $527 $878 $1,054 $1,405 806 896 1,494 1,792 2,390 597 1,208 2,013 2,416 3,221 3,462 5,193 8,655 10,386 13,848 712 1,067 1,779 2,135 2,846 383 574 956 1,148 1,530 $29 $29 $58 $58 $58 $6,795 $10,176 $16,970 $20,353 $26,889 $1,191 $1,787 $2,978 $3,573 $4,764 ($3,462) ($5,193) ($8,655) ($10,386) ($13,848) ($597) ($896) ($1,494) ($1,792) ($2,390) $7,956 $11,934 $19,890 $23,867 $31,595 $3,303 $4,954 $8,257 $9,908 $12,983 $6,168 + Tuition + Fees $9,251 + Tuition + Fees $15,418 + Tuition + Fees $18,502 + Tuition + Fees $24,441 + Tuition + Fees $255 $383 $638 $766 $1,021 $596 $893 $1,489 $1,787 $2,382 $851 + Tuition + Fees $1,276 + Tuition + Fees $2,127 + Tuition + Fees $2,553 + Tuition + Fees $3,403 + Tuition + Fees < Half Time Total Child Care Total w/Child Care *If a student's curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. **The amount allocated for housing expects that students share housing costs. ***Students’ college costs, excluding tuition and fees, are expected to be the total block budget. The category breakouts are a general guide and the amounts can be reallocated between categories. For LaGuardia students, see text for appropriate co-op adjustments. STUDENT BUDGETS 6-10 SAM 2015-2016 The following budget chart is used only for students who are enrolled at CUNYfirst colleges. In 2015-2016 these school are Bronx Community College, Brooklyn College, Borough Manhattan Community College, College of Staten Island, Hostos CC, Hunter College, John Jay College, Kingsborough CC, LaGuardia CC, CUNY Law School, Lehman College, Medgar Evers College, Guttman CC, Queensborough CC, Queens College, and York College. LIVING WITH PARENTS - AY 2015-2016 SUMMER >= Half Time Books and Supplies * Transportation Lunch Personal Housing Loan Fees Total Block Budget ** Child Care Housing Exclusion Budget w/Child Care Budget w/Housing Exclusion Budget w/Child Care & Housing Exclusion ONE TERM SUMMER + ONE TERM 2 TERMS – SUMMER + FALL/SPRING FALL/SPRING $455 $682 $1,137 $1,364 $1,591 $351 $527 $878 $1,054 $1,405 $383 $574 $956 $1,148 $1,530 $605 $908 $1,513 $1,816 $2,421 $1,403 $2,105 $3,508 $4,210 $4,210 $29 $29 $58 $58 $58 $3,226 $4,825 $8,050 $9,650 $11,215 $1,191 $1,787 $2,978 $3,573 $4,764 ($1,403) ($2,105) ($3,508) ($4,210) ($4,210) $4,388 $6,583 $10,970 $13,165 $15,921 $1,794 $2,691 $4,484 $5,382 $6,947 $2,985 + Tuition + Fees $4,478 + Tuition + Fees $7,462 + Tuition + Fees $8,955 + Tuition + Fees $11,711 + Tuition + Fees $255 $383 $638 $766 $1,021 $596 $894 $1,489 $1,787 $2,382 $851 + Tuition + Fees $1,277 + Tuition + Fees $2,127 + Tuition + Fees $2,553 + Tuition + Fees $3,403 + Tuition + Fees < Half Time Total Child Care Total w/Child Care *If a student's curriculum requires books and supply costs in excess of this standard maximum, such costs must be documented. **The amount allocated for housing expects that students share housing costs. ***Students’ college costs, excluding tuition and fees, are expected to be the total block budget. The category breakouts are a general guide and the amounts can be reallocated between categories. STUDENT BUDGETS 6-11 OSFA Legacy College Student Fees 2015-2016 The fees shown on this chart represent the average fees students are typically charged. The fee amounts an individual student actually pays may differ on occasion from the calculated fees posted to FAP. This chart includes the U.S.S. student government fee ($1.45 per semester), the Consolidated Services Fee ($15.00 per semester), the appropriate student activities fee and the Technology Fee ($125 per semester for all colleges). Full-Time Summer 2015 College UG Grad Part-Time Academic Year 2015-2016 One Semester 2015-2016 Academic Year 2015-2016 One Semester 2015-2016 UG UG Grad UG UG Grad Grad Grad Community Colleges Senior Colleges Baruch 144.85 78.85 480.00 308.00 240.00 154.00 300.00 208.00 150.00 104.00 123.85 F 69.85 P 130.35 F 80.35 P 358.70 260.70 179.35 130.35 211.70 160.70 105.85 80.35 65.00 – 339.10 – 169.55 – 170.40 – 85.20 – Graduate – 50.00 – 313.20 – 156.60 – 213.20 – 106.60 Professional Studies Journalism – – 1130.00 F 1331.00 S – 565.00 F 665.00 S – 1030.00 F 1231.00 S – 515.00 F 615.00 S City NYC Tech Graduate Schools STUDENT BUDGETS 6-12 SAM 2015-2016 CUNYfirst Student Fees 2015-2016 The fees shown on this chart represent the average fees students are typically charged in CUNYfirst. The fee amounts an individual student actually pays may differ on occasion from the calculated fees posted to FAP. This chart includes the U.S.S. student government fee ($1.45 per semester), the Consolidated Services Fee ($15.00 per semester), the appropriate student activities fee and the Technology Fee ($125.00 per semester for all colleges). In CUNYfirst, all fees must be whole numbers so the student government fee is rounded. Full-Time Summer 2015 College UG Grad Part-Time Academic Year 2015-2016 One Semester 2015-2016 Academic Year 2015-2016 One Semester 2015-2016 UG UG UG UG Grad Grad Grad Grad Community Colleges BMCC 123.00 – 370.00 – 185.00 – 202.00 – 101.00 – Bronx 116.00 – 406.00 – 203.00 – 232.00 – 116.00 – Hostos 141.00 – 408.00 – 204.00 – 216.00 – 108.00 – Kingsboro -- – 402.00 – 201.00 – 212.00 – 106.00 – LaGuardia -- – 418.00 – 209.00 – 212.00 – 106.00 – NCC -- -- 394.00 -- 197.00 -- 200.00 -- 100.00 -- 94.00 – 410.00 – 205.00 – 214.00 – 107.00 – 156.00 D 140.00 E 240.00 106.00 139.00 432.00 362.00 184.00 192.00 D 140.00 E 181.00 133.00 154.00 280.00 154.00 383.00 D 279.00 E 362.00 266.00 307.00 560.00 308.00 254.00 D 202.00 E 280.00 226.00 216.00 240.00 92.00 508.00 D 404.00 E 560.00 452.00 John Jay 178.00 178.00 480.00 402.00 240.00 201.00 316.00 278.00 158.00 139.00 Lehman 152.00 152.00 430.00 430.00 215.00 215.00 266.00 266.00 133.00 133.00 Medgar Evers 113.00 – 350.00 – 175.00 – 226.00 – 113.00 – Queens 144.00 135.00 608.00 522.00 304.00 261.00 418.00 398.00 209.00 199.00 Queens Summer II 159.00 149.00 York 139.00 – 418.00 – 209.00 – 254.00 – 127.00 – – 128.00 – 564.00 – 282.00 – 348.00 – 174.00 Queensboro Senior Colleges Brooklyn CSI Hunter 181.00 92.00 Graduate Schools Law STUDENT BUDGETS 6-13
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