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More Than Tuition: Today’s Students and Institutional Incentives for Setting Yearly Budgets

While the lives of students have changed dramatically over the last few decades, the enshrined definition of Cost of Attendance (COA) has not changed much over that period of time. Instead, colleges are left to estimate these expenses for complicated student situations.

5 mins read

More Than Tuition: What is Cost of Attendance?

Cost of Attendance (COA) measures the total education and living expenses for a student at a particular college or university, making it the key estimate of how much the student must budget for an academic year. However, the difficulty in creating these estimates often means that students and institutions are unable to accurately predict their expenses, leading some students to borrow more than they might need, while still others are unable to pay for basic expenses like housing and food.