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MISB20Office of Student Financial Width Welcome Center 42 West Warren P.O. Box 2340 Detroit, MI 482020340 3135772100 Fax: 3135776648 student service Wayne.edu wayne.edu/financialaid Check your aid
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How to fill out cost of attendance estimates

01
Start by gathering all the necessary financial information such as tuition fees, room and board costs, books and supplies expenses, and any other related educational expenses.
02
Determine the length of the academic period for which you are estimating the cost of attendance, whether it is a semester, quarter, or year.
03
Break down the costs into categories such as tuition, housing, meals, transportation, books, and personal expenses.
04
Gather information on any available scholarships, grants, or financial aid that can offset the total cost.
05
Calculate the total cost for each category by adding up all the associated expenses.
06
Sum up the total estimated cost for each category to get the overall cost of attendance.
07
Document your estimation process and ensure all the calculations are accurate.
08
Review and update the cost of attendance estimates periodically to reflect any changes in expenses or financial aid eligibility.

Who needs cost of attendance estimates?

01
Students applying for financial aid: Cost of attendance estimates are required by financial aid offices to determine eligibility for various types of financial aid, including loans, grants, scholarships, and work-study programs.
02
Prospective students: Cost of attendance estimates help prospective students and their families in understanding the overall expenses associated with attending a particular educational institution. It can assist in making informed decisions about college affordability.
03
Educational institutions: Cost of attendance estimates are utilized by educational institutions to provide accurate information to students and families regarding the cost of attending the institution. It helps in transparency and providing a comprehensive picture of the financial commitment required.
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The cost of attendance estimates is an estimate of the total amount it will cost a student to attend a particular school or program for a specific period.
Students who are applying for financial aid are typically required to file cost of attendance estimates.
Cost of attendance estimates can typically be filled out online through the school's financial aid office or through the financial aid application process.
The purpose of cost of attendance estimates is to help determine the amount of financial aid a student may be eligible for.
Cost of attendance estimates typically include tuition, fees, room and board, books and supplies, transportation, and personal expenses.
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