Cost of Attendance
For purposes of calculating eligibility for financial aid, MiSPP estimates the annual Cost of Attendance (COA) based on allowable projected expenses. The calculation includes the following: tuition and fees, books and supplies, room and board, transportation, and personal and miscellaneous expenses. Students may choose to seek financial aid only for the direct costs, which are tuition, books and supplies, and related fees, highlighted in the bold below.
The budget for cost of attendance establishes the total amount of financial aid that may be available and includes tuition, fees, rent, utilities, books, transportation, and computer expenses for planning purposes. Adjustments for cost of attendance may be made based on individual circumstances to cover extraordinary expenses, such as child care or medical. MiSPP reserves the right to adjust the Financial Aid Award based on enrollment and cost of attendance.
Students will receive the same allowances for each component included in Cost of Attendance. Students may request a COA evaluation by providing current documentation of expenses with a written explanation of unusual circumstances to the Financial Aid Office.
2014-2015 Semester COA
|Expenses||Full-time Masters||Part-time Masters||Full-Time Doctoral|
|Books & Supplies||322||146||558|
|Room & Board||3,550||1,183||3,550|
|Misc Living Expenses||1,783||594||1,783|
|Total Estimated Expenses per semester**||16,375||6,069||16,597|
*Average cost of tuition and fees is by semester, based on credit hours per year, specific course registration, and related fees. Individual enrollment and time to completion may vary. The PsyD COA is based on 37 credit hours per year.
**Origination Fee for Student Loans (if applicable)
Full-time Masters: $506 Part-time Masters: $67 Full-time Doctoral: $496
The total estimated expenses per semester does not include loan origination fees. Loan origination fees are based on maximum loans for full-time attendance and an estimated maximum loan for part-time attendance. Fees will vary dependent on loan amount. For more information see Origination Fees on the Student Loan page.