- Quick Links
- Financial Aid Process
- Scholarships and Waivers
- Types of Aid
Cost of Attendance FAQ'S
Cost of Attendance (COA), sometimes referred to as your “budget,” is the total, average amount of money it will reasonably cost a student to attend OSU during one school year (fall and spring semesters). Students are grouped in COA categories based on:
- Residency status (Is the student paying in-state OR out-of-state tuition?);
- Type of academic program (undergraduate, graduate OR Veterinary Medicine student);
- Housing status (on/off campus or with parents); and
- Number of hours enrolled
Your Cost of Attendance is the foundation of your financial aid awards. The Office of Scholarships & Financial Aid cannot determine your eligibility in financial aid programs without first determining what your educational costs are likely to be. Our goal is to help you meet your COA at OSU.
Your COA usually includes these components:
- Tuition and fees,
- Housing and meals,
- Travel/transportation, and
- Miscellaneous expenses(clothing, laundry and cleaning, personal hygiene and grooming, recreation, etc)
The tuition and fees component of COA is based on official OSU tuition and fee rates. The other components--housing and meals, books and supplies, travel/transportation, and miscellaneous expenses--are mathematically derived, based on OSU research. Since COA is used to determine student eligibility for federal financial aid programs, federal laws have been established regarding the determination of a particular institution's COA. In general, the COA is constructed so that financial aid recipients can live comfortably (but not luxuriously!) while attending OSU.
You can view the COA that is being used to figure your own financial aid eligibility in SIS or MyOkstate. After you log in, click on Estimated Cost and Enrollment Information under the Financial Aid section.
Even though the Office of Scholarships and Financial Aid has established a COA for each student, you may be able to budget for less costs and save money. Especially when it comes to the amount of loan debt you are considering for paying for education, the least amount is best. Our financial literacy information has tips for cost-cutting, as well as tools to help you create a budget.
Your COA may be increased for certain circumstances. To review these, check the “Adjustments to Cost of Attendance” link under your respective degree of study (undergraduate, graduate or Veterinary Medicine). If you are unable to pay your bills with your financial resources, including your financial aid for the current school year, you may want to request that the Office of Scholarships and Financial Aid determine whether your COA can be increased so that you can receive additional financial aid. However, the additional financial aid will most likely be in the form of some type of a loan. If you have already received the maximum Direct Subsidized and/or Unsubsidized Loans for your current class level, you cannot receive more in those programs despite your increased COA. If you are a dependent student, your parent may become eligible for an additional Parent Loan amount.
No, because OSU averages the cost of on and off campus housing (including fraternity/sorority housing) together to determine the “housing and meals” component of COA. However, students who live with their parents do have a different cost for “housing and meals.” If you change your housing status from “with parent” to either “on campus” or “off campus,” or vice versa, you are obligated to notify the Office of Scholarships and Financial Aid so the correct COA can be used in determining your continued financial aid eligibility.
Housing and meals is an allowance for the student only during periods of enrollment (fall, spring, and/or summer semesters). Students who have dependents, such as a spouse or children, cannot include the housing and meals costs of those dependents in the housing and meals allowance. These costs are actually taken into account when the Expected Family Contribution is calculated off the results of a student's FAFSA. Car payments cannot be included because purchase costs of a vehicle (which would include car loan payments) are specifically prohibited from being included in the COA. (An allowance for car insurance and maintenance is provided for in the Travel/ Transportation component of the COA.) Refundable deposits for housing or utilities cannot be included, nor can debt on a credit card, job search costs or Greek membership fees and associated costs. This list is not comprehensive; please contact the Office of Scholarships & Financial Aid if you are not sure whether some of your educational costs are included in the components described above.