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The COE for a student is not the amount that a student will pay the college for the year. DOE requires us to include for example a airline ticket, medical insurance, spending money etc. This figure is used to calculate federal aid amounts but does not directly relate to the actual direct cost to the student to the college. I am getting a lot of upset parents who see the COE being 15k when on our website the direct cost is 10k. I do not think it is necessary for students to see how their awards are calculated. I would like the ability to hide the COE and the calculation information and just show the award amounts. This would be beneficial to other Canadian schools and no Title IV school who do not participate in US federal aid program. EFC and COE amounts are confusing to Canadian and non Title IV shcools.

My boys attend a school in US and their award do not show COE or EFC or any of the way the award is calculated. It is just a listing of their awards.

Thanks

Dennis

Breck Appell September 04, 2015 15:43

There is a T IV requirement that the student be made aware of their COA

Carla Bender October 16, 2015 13:54

Yes, there is a requirement but it does not have to be with the award notification. It can be disclosed in the accompanying information that many schools send along with the award letter. I, too, have many students and families confused by this even though we actually accompany the award letter with a cover letter that shows them what they will pay to the school after aid has been deducted.

Financial Aid Displaying of information

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