cost of attendance

The total amount of money required to put an individual through school at a four-year university or college. The cost of attendance factors in tuition, room and board, book, and other miscellaneous fees associated with attending a higher education facility. This estimation may also be used by financial aid offices and loan companies to evaluate how much money they should loan a prospective student based on how much money they will actually need to attend. Each year, the average cost of attendance typically increases.