Your cost of attendance (COA) is an estimated budget of how much money will be needed to attend school for one academic year. COA can vary from university to university. Usually, students assume that the cost of tuition equals the COA, but in reality tuition is only a part of the overall budget.
What components make up the COA?
Cost of attendance is typically comprised of tuition, fees, living expenses, and any materials required for attendance.
Tuition and School Related Components (Varies according to program):
Program fees
Books
Instruments
Uniforms
Supplies
Insurance
Living expenses:
Room and Board
Transportation
Travel
Personal/Miscellaneous
These items and their costs can vary by College, program of study, and length of enrollment.
How does COA influence financial aid?
While in college, many students may have trouble juggling a full-time job and school. If students are unable to pay their COA out of pocket, financial aid steps in to help the student pay not only the cost to attend the college, but also gives them money to live on while doing so.