D2D Session 4

What is cost of attendance (COA)?

• 
  Tuition and fees
• An indicator, calculated according to federal guidelines, that gives an indication of all the costs involved in attending a particular college or university for one academic year, including tuition, fees, housing, transportation, and other expenses
• The cost of the enrollment deposit a student must make when she accepts an offer of admission
• A fee charged to students who fail to attend 25% or more scheduled class sessions

When is Mr. Bert's Birthday?

• September 14th 
• November 15th 
• June 12th 
• December 25th 

Cost of Attendance (COA) is a precise reflection of costs for an individual student.

• True 
• False

EFC stands for ________

• Eligibility For College 
• Expected Family Contribution
• Early Financial Consideration 
• Eat Fried Chicken 

 What is a safety school?

• A.  A college or university where typically-admitted students have lower grade point averages and standardized test scores than the student applying
• B. A college or university with a low incidence of crime on campus
• C. 
  A college or university to which the student will likely be admitted
• D. Both A and C

What does average net price of a college indicate?

• Individual net price is calculated by taking the cost for one student to attend a particular institution for one year and subtracting his or her scholarship and grant aid for that year.
• Individual net price provides an estimation of what a student must pay to attend an institution and is considered a more accurate indicator of college costs than published tuition and fees or cost of attendance information.
  
• Net price includes the amount the college expects you and your family to contribute, any financial need unmet by the college, and any loans or work-study earnings (these forms of aid do not reduce what you pay out-of-pocket for college).
  
• All of the above

A student you are counseling has been admitted to two colleges. At America College, the student was offered a very generous financial aid award covering the full cost of attending that college for one year without any student loans. At United States University, the student was offered a less generous financial aid award that includes $4,000 in federal student loans. United States University is the student’s first choice and is her dream school, but she is concerned about taking on debt in order to attend college. What is the best approach for advising the student?

• A.Tell her to accept the offer of admission at America College because she can get a degree debt-free.
• B. Help her research more information about taking out a federal student loan, including an estimated monthly payment and work together to create a list of pros and cons as she weighs her options.
• C. Tell her to accept the offer of admission at United States University, because $4,000 in student loans, especially federal loans, is a worthwhile investment in her future.
• B & C

Once a student has decided to attend a particular institution and accepted an offer of admission, there will be no more costs for the student to face until after they have been in school for 30 days.

• True 
• False 

Da'Naysha Thomas's favorite color is________

• Blue
• Pink
• Salmon 
• Gold