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Cost of Attendance (COA) / Student Budgets are estimates of the educational expenses incurred by students during enrolled semesters during the academic year (Fall,Spring and/or Summer). These budgets include direct charges (tuition and fees) and estimates of indirect expenses (transportation, books, supplies, miscellaneous living expenses, and room and board).
Room and Board amounts will vary if students report that they are living with parents. The amount used when creating a student budget for living with parents is approximately: $4,833. Also, these amounts are taken from a cross section of students at RRCC and may not directly equate with your living expenses. While Federal Financial Aid is meant to assist in the costs associated with obtaining a degree they are not intended to maintain a standard of living. When making plans regarding your education keep in mind that there may be a significant difference between what we can award versus what you would need to maintain a certain standard of living. How the Cost of Attendance is used and how financial need is determined: A student’s Expected Family Contribution (EFC), derived from the FAFSA and reported on the Student Air Report represents a starting point in determining financial need. While the amounts listed in the Cost of Attendance are close estimates it is important to note that students will only receive bills for tuition and charges to their student account. It is possible to attend Red Rocks Community College for less than the total amounts listed above. These represent limits to the amount of aid that can be awarded. During the awarding process the COA is compared to the student’s EFC to determine financial need and all eligible programs are awarded to eligible students (provided that there is funding available). Example:
Need-based financial aid is awarded to those that show financial need. A student’s total need-based aid and any additional scholarship or loan cannot exceed the total Cost of Attendance.
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| 13300 West Sixth Avenue • Lakewood, CO 80228 • 303.914.6600 5420 Miller Street • Arvada, CO 80002 • 303.914.6010 |
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