Cost of Attendance Worksheet
The actual cost of attendance (COA) is unique for each student at each school.
While some expenses are fixed (like tuition and fees), others are influenced and controlled by the student like personal expenses. This worksheet provides you with the basic standard costs and living expense allowances for undergraduate students for the 2013-2014 academic year.
All financial aid funds first go to pay the student's "direct costs" for attending Loyola University New Orleans. "Direct costs" are tuition and fees and on campus room and board. Families must also plan for paying what we call "indirect costs" (off-campus housing, books, transportation and miscellaneous personal expenses).
Students are responsible for paying all charges not covered by their financial aid awards.
Standard Undergraduate Cost Allowances - 2013-2014 Academic Year
| Budget Item | Fall Semester | Spring Semester | Total |
| Tuition and BASIC University Fees (Full-time Undergraduate) | 17,752 | 17,752 | 35,504 |
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Room: On-campus Double in Biever or Budding Hall. |
3,595 | 3,595 | 7,190 |
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Board : (15 meals per week plan)
|
2,336 | 2,336 | 4,672 |
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Books and Supplies (standard allowance)
|
600 | 600 | 1,200 |
| Transportation | varies based on permanent address | varies bsed on permanent address | varies bsed on permanent address |
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Personal and Miscellaneous Expenses such as :
|
919 (standard allowance) | 919 (standard allowance) | 1,838 |
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Incoming undergraduates will be charged for a mandatory Student Health Insurance policy UNLESS they can document coverage through another plan |
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Students can request an adjustment to their cost of attendance to cover
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| TOTAL "DIRECT" COSTS (Tuition and Fees, On Campus Room and Board) | |||
| PLUS TOTAL "INDIRECT" COSTS (Books, Travel, Personal and Miscellaneous Expenses) | |||
| EQUALS Estimated COST OF ATTENDANCE for the 2013-2014 year |
Learn How to Minimize Your Costs
- Students from the metropolitan New Orleans area do receive a living allowance if they choose to live at home with their parents. Learn more about how we calculate living allowances.
- Check out our money management tips for undergraduates to learn from other students about the lessons they learned while managing their money
Financial Aid Resources
| Financial Aid Awarded | Fall Semester | Spring Semester | TOTAL |
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Institutional Merit Scholarship
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| Institutional Need Based Grant - initial awards assume that a student will be enrolled full-time and be charged full-time tuition and fees. If you choose to go part-time, your grant will be pro-rated based on your reduced tuition | |||
| One-Time Campus Visit Credit | 500 | 500 | 1,000 |
| Federal Pell Grant | |||
| Federal Supplemental Education Opportunity Grant (You must be eligible for a Pell Grant. We receive a limited amount of funds from the Department of Education each year under this program) | |||
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Federal Perkins Loan (You must be eligible for a Pell Grant. We receive a limited amount of funds from the Department of Education each year under this program) |
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Responsible Borrowing |
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Federal Work Study - Students get paid monthly for the hours that they have worked under this program. Students can choose to put this money towards outstanding tuition and fee expenses OR can keep their earnings to help with living expenses. |
1,000 (average) | 1,000 (average) | 2,000 (average) |
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Other Aid
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TOTAL AID |
TOTAL COST OF ATTENDANCE ( __________ ) MINUS TOTAL AID ( __________ ) = __________ AMOUNT TO BE COVERED BY STUDENT
If there is a credit balance on the student's account after these charges are paid, students can request a refund from the Student Finance Office.
- Title IV Cash Advances for books: A Title IV credit balance occurs when the total amount of all Title IV funds (Pell, SEOG, Perkins and Federal Direct Student Loans) credited exceeds the amount of tuition and fees, room and board, and other authorized charges the institution assessed to the student. In the case of the books and supplies provision, the school would have to consider all of the Title IV funds that a student is eligible to receive -- i.e., that would be creditable -- 10 days before the beginning of the payment period.]
- This means that students must have completed the verification process as well as their Master Promissory Note and Entrance Counseling for the Federal Direct Student Loan Program.
- Contact the Office of Scholarships and Financial Aid the week before classes begin for detailed instructions on submitting a "book voucher" request.
Updated February 26, 2013