Cost of Attendance Example for ABSN
The Cost of Attendance (COA) is the maximum amount of funds that may be borrowed in a two-semester loan period.
The COA consists of the Tuition and Fees for the two-semester loan period plus a Living Expense Allowance to cover the eight (8) months encompassed by the two semesters.
Example of COA for a ABSN Student
For a ABSN student entering in Spring 2017 the total Cost of Attendance for the first two semesters would be calculated as follows:
- Tuition: Spring 2017 $19,900 + Summer 2017 $19,900 = $39,800
- Fees: Matriculation $600 + General Student fee summer $675 and fall $675 + Clinical Fee $800 = $2,750
- Living Expense Allowance [see below for composition]: $27,870
Total Cost of Attendance Maximum allowed for Summer/Fall 2017:
$39, 800 Tuition
27,870 Living Expense Allowance (see below)
$70,420 COA Maximum for Spring and Summer 2017
Living Expense Allowance
This Living Expense Allowance is derived from a budget calculated as shown below which is representative of student living expenses for eight months in the Boston area.
The COA is determined by MGH Institute in accordance with federal regulation.
The current Living Expense allowance (not including tuition and fees) for the eight-month, two-semester loan period is reflected below.
Living Expense Estimate for the Accelerated Bachelor of Science in Nursing Program
(e.g. for Fall/Spring or for Summer/Fall)
Room & Board Personal
Books & Supplies
Total two-semester living expense allowance