How does the OSU Office of Scholarships & Financial Aid determine what “average expenses” are?
The tuition and fees component of Cost of Attendance is based on official OSU tuition and fee rates. The other components—room and board, books and supplies, travel/transportation, and miscellaneous expenses—are mathematically derived, based on OSU student research. Since Cost of Attendance is used to determine student eligibility for federal financial aid programs, federal laws have been established regarding the determination of a particular institution’s Cost of Attendance. In general, the Cost of Attendance is constructed so that financial aid recipients can live comfortably (but not luxuriously!) while attending OSU.
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