Cost of Attendance
The estimated cost of attendance (COA) or “student budget” is an approximation of the total costs a typical student may incur during the academic year (fall and spring semesters); costs for one term are obtained by dividing the full-year cost in half. COA budgets for summer enrollment are prepared on an individual basis once a student has submitted a Summer Financial Aid Application.
The COA is the sum of the projected costs for tuition, fees, off-campus housing costs, books and supplies, transportation, loan origination fees, and miscellaneous personal expenses. Items included in the COA are either direct or indirect costs. Direct costs are assessed by the University, will appear on the student’s semester bill, and include tuition and fees. Indirect costs are expenses incurred by the student that are not payable to the University and include transportation, living expenses, loan origination fees, books and supplies, and miscellaneous personal expenses.
For planning purposes, students can expect that the COA budgets presented here are reasonable estimates of direct costs but that there will be some variation depending upon individual students’ actual course enrollments, tuition and fees; actual costs for tuition and fees can be found here. Students can expect wider variation in indirect costs, as these are largely dependent on individual lifestyles, circumstances, and spending habits – some students will spend more, while others will spend less.
Students who have expenses in excess of those included in the COA budgets below (e.g., greater living expenses, child care expenses, computer purchase, etc.) may request a review of their expenses and creation of an individualized COA budget. To request such a review, students should complete the Special Circumstances Review form. Please note that a request for a review is not a guarantee of approval.
|15 Credits||12 Credits||9 Credits||6 Credits||3 Credits|
|Sub Total Direct Costs||$33,640||$27,052||$20,464||$13,526||$6,938|
|Sub Total Indirect Costs||$18,488||$18,241||$17,994||$17,748||$960|
|Total Cost of Attendance||$52,128||$45,293||$38,458||$31,274||$7,898|
|Year One||Year Two||Year Three|
|Sub Total Direct Costs||$42,724||$31,544||$32,542|
|Sub Total Indirect Costs||$23,406||$21,916||$21,916|
|Total Cost of Attendance||$66,130||$53,460||$54,458|
Support is Here
Whether you are navigating the process for the first time or you have had financial aid before, Monmouth’s financial aid counselors are available to assist you and ensure that everything goes smoothly.
Students are encouraged to call 732-571-3463, send an e-mail to firstname.lastname@example.org, or visit the Financial Aid Office in Wilson Hall (Room 108).