Cost of Attendance (COA) is established for use in determining Federal Student Aid eligibility. COA is the estimate of a student’s educational expenses for one academic year (two terms), as a full-time student. The Higher Education Act of 1965, as amended, defines COA components for all federal student aid programs. These components include direct costs, such as tuition and fees, and indirect costs, like room and board. COA can be adjusted annually to reflect changes to these cost components.
Cost of attendance will vary depending on your program of study, credit hour enrollment, and housing status. Students are not allowed to receive aid that exceeds their cost of attendance. It is important to budget wisely and make responsible borrowing decisions.