🏫 College Advising

Beyond tuition and fees, how does the Cost of Attendance (COA) primarily impact a student's financial aid package?

A It determines the student's eligibility for work-study programs exclusively.
B It sets the maximum limit for the total amount of financial aid a student can receive from all sources.
C It is used to calculate the student's expected family contribution.
D It dictates the specific types of institutional scholarships a student will be offered.

✓ Correct Answer: Option B

The COA represents the total estimated cost for a student to attend college for an academic year. Financial aid from all sources cannot exceed this amount.

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