Back to current
Shoptalk Online Contents



Trends and Issues

Shoptalk Online 442, February 19, 2008
 

Trends and Issues

Question of the week

Q.: Can we add include the cost of a computer in a student's cost of attendance (COA)?

A.: Yes. According to the 2007-08 Federal Student Aid Handbook (FSA Handbook) the cost of a computer may be included in the COA. The cost must be "a reasonable amount, as determined by your school, for the documented rental or purchase of a personal computer that the student will use for study for the enrollment period. For example, a computer purchased in the summer for use in the fall term may be included." (page 3-20)

When making adjustments to the COA, the FSA Handbook (page 3-19) says: "If a student is enrolled in a program that has extra fees or costs…you can add those fees to the student's cost or use a standard cost that you've established for all students in that program. If you establish standard cost categories, you must apply the cost allowances uniformly to all students in those categories."

Do you have a question?
If you have a question that needs an answer, feel free to Ask TG™. Ask TG is TG's online query tool for borrowers, schools, and lenders. It includes a database of frequently asked questions about financial aid, student loan processing, and TG's products and services. To submit a question to Ask TG, visit tgslc.custhelp.com.

  Back to Top

© 2008 Texas Guaranteed Student Loan Corporation