The cost of attendance is a standard budget which is designed to adequately cover tuition and fees, books and modest living expenses for each academic year (August to May in most cases). A student may receive aid, from any source, up to the amount of the cost of attendance. A student’s financial need is determined by subtracting calculated resources from the amount of the cost of attendance. The amount of calculated resources is derived from the information the student provides on the FAFSA application.
The cost of attendance figures for the 2015-2016 academic year are listed below. The estimated cost of books and supplies which is included in the budget, is currently $2,000 for the year. The cost of attendance for students living with a parent or relative are slightly lower.
|Full-Time Evening & Part-Time Day||$40,218||$50,624|
Adjustments to the Cost of Attendance
The combination of a student’s aid from all sources (scholarship, loan, work study, etc.) may not exceed their cost of attendance. Students with extraordinary documented expenses may request that their budget be increased to allow for such expenses. However, individualized cost of attendance increases are subject to strict federal regulations and will only be approved for compelling reasons. Expenses which may be added to the cost of attendance are: health insurance, medically necessary medical or dental costs (not covered by insurance), prescription costs, dependent care (tuition/day care), and computer purchase for use in law school (maximum increase for computer purchase is $2500).
Students must submit a Budget Increase Form to request an increase to their cost of attendance. All requests must include an itemized list of the expenses along with supporting documentation of the expenses (receipts, bills, etc.). The expenses will be calculated for the period the student is enrolled in school, not for the calendar year. Approved cost of attendance increases allow for additional loan eligibility up to the amount of the increase. Since the standard cost of attendance figures are high enough to include the full $20,500 from the Federal Direct Stafford Loan, the increased loan eligibility will usually be in the form of a Federal Direct Graduate PLUS loan or an alternative educational loan.
Students are advised that credit card debt, car payments, car insurance and other car maintenance expenses are not included in the cost of attendance and cannot be used to increase the student budget.