diff --git a/source/license-faq/index.html.md b/source/license-faq/index.html.md
index 32493146c0705d97c1100bcafcdf7dc43d123fd4..6c2fb341f6257ce421566553e9357e96049d9106 100644
--- a/source/license-faq/index.html.md
+++ b/source/license-faq/index.html.md
@@ -38,25 +38,25 @@ subscription, your license key will expire at the end of your evaluation period.
GitLab follows a True-Up model so you can grow now and pay later. You can add
more users to the server than what you are licensed for at any time. For users
-that are added during the year you pay half price when you renew.
+that are added during the year you pay the annual price when you renew.
### The True-Up model seems complicated, can you illustrate?
-Under the true-up model you pay 50% of the annual cost of a license upon your renewal for the historical maximum number of users added during the year
+Under the true-up model you pay the annual cost of a license upon your renewal for the historical maximum number of users added during the year
and you renew for that same amount of users or higher. Example, if you have 100 active users today, you should purchase a 100 user subscription.
Suppose that when you renew next year you have added 300 users during the year (200 additonal users). When you renew you pay for the maximum user
-count, 300, and you also pay half a year for the additional 200 users that you added during the year. For Customers that have pre-paid all Fees
+count, 300, and you also pay the annucal license cost for the additional 200 users that you added during the year. For Customers that have pre-paid all Fees
for multi-year subscriptions, on each anniversary of the Effective Date during the term of this a new license key will be provided, and a True-Up
will be conducted. All additional users purchased shall be co-terminated through the end of the original Subscription period and a new license key
will be issued.
Example
* Original 100 seats @ $39 = $3900
-* Upon renewal additional 200 users added for a total of 300 users. 300 users x $39 = $11,700 + 200 additional users x $19.50 ($39/2) = $3,900 for a total amount at renewal of $15,600
+* Upon renewal additional 200 users added for a total of 300 users. 300 users x $39 = $11,700 + 200 additional users x $39 = $7,800 for a total amount at renewal of $19,500
Example for prepaid multi-year deal
* Original 100 seats @ $39 for 3 years = $11,700
-* Upon first annual anniversary additional 200 users added for a total of 300 users. 200 additional users x $19.50 ($39/2) for year 1 = $3,900 plus 200 additional users x $39 for year 2 and year 3 = $19,500 to be paid at first anniversary of license effective date.
+* Upon first annual anniversary additional 200 users added for a total of 300 users. 200 additional users x $39 for year 1 = $7,800 plus 200 additional users x $39 for year 2 and year 3 = $23,400 to be paid at first anniversary of license effective date.
### Do students have to pay or do they receive a discount?