Paying for College

Total Cost of Attendance Factored into FinAid Award?

Question: Is the indirect cost of attendance (room/board/transportation, etc.) supposed to be a stipend to the student?

“The Dean” can’t tell exactly what you’re asking. But what I think that you MAY want to know is whether or not the full cost of attendance (room, board, and even books, travel, etc.) is factored into financial aid awards.

And if that’s your question, then the answer is YES. Financial aid officials consider not only tuition but also the TOTAL price of a year of college (except maybe poker and pizza money 😉 ) when computing how much financial aid a student should receive.

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