Cost of Attendance. Purpose Components Construction Considerations Tools for Schools Q & A. Topics. The cornerstone of establishing financial need Limits total aid a student may receive Is an estimate of the educational expenses for the period of enrollment Is set by each institution.
Limits total aid a student may receive
Is an estimate of the educational expenses for the period of enrollment
Is set by each institutionWhat is the Cost of Attendance?
Allows students to make educated decisions ; accurate cost projections
Equity in financial decisions
Not intended to be an Enrollment Management ToolWhat is the Purpose?
$2,000 x 9,000 = $18,000,000
+ $4,000 x 1,000 = 4,000,000
$22,000,000 ÷ 10,000 = $2,200
Weighted average tuition charge for COA = $2,200
To be included in COA fees must be: workload, as determined by
Intended to enable workload, as determined by students to live at a reasonable standard
ADDITIONAL COA ALLOWANCES
First professional credential
Educational loan feesMiscellaneous
Apartments.com workload, as determined by
Survey of Student Body
Child Care Centers
Book Store Manager
Cafeteria ManagerOther Tools
Back at the Office workload, as determined by