Cost of Attendance: Is More Standardization Needed?

Tuesday, June 27, 2017: 8:30 AM-9:30 AM
Room 16AB (San Diego Convention Center)
Session Type: Interest Sessions
Track: Advocacy
Subcategories: Compliance Track
Audience: All
Credit Type: Credit Hours and Clock Hours
School Type: All Schools
As one-half of the need formula, cost of attendance (COA) is a major factor in determining a student’s need and aid amounts, particularly loans. Although Congress defines COA components, schools set the actual amounts, and they may vary greatly – even between schools that are relatively similar or share the same geographic area. Congress, researchers, and the media have questioned the validity of institutionally-established costs, calling for more outside control. Come hear what NASFAA’s COA Construction Working Group has concluded about school practices, underlying theory, and more standardization of costs.
Jill Desjean (NASFAA)
Matthew Moore (Sinclair Community College)
Diane Sprague (University of Texas at Austin)
Pamela W Fowler (University of Michigan)