
What is included in my Cost of Attendance budget?
Included in the Cost of Attendance budget are direct educational expenses such as average tuition, required fees, and an estimate of the cost for books and supplies. Also included in the Cost of Attendance budget are expenses that are indirectly related to your education, such as an estimate for housing, food/household supplies, transportation and personal miscellaneous expenses. Students can apply for and receive financial aid up to their Cost of Attendance budget.
The Graduate Financial Aid Office establishes a standard allowance for your indirect expenses. In keeping with common practice among financial aid administrators, the cost for indirect expenses is intended to provide a "modest but adequate" standard of living. Housing expenses account for approximately 60% of the overall allowance, and are based on the average cost of a 1-bedroom apartment in the metropolitan Twin Cities area.