Federal financial aid regulations allow universities to adjust your cost of attendance if education-related expenses exceed the costs already built into your cost of attendance. An increase to the cost of attendance ONLY increases the eligibility to apply for loans. Completing the cost of attendance adjustment form does NOT increase eligibility for the HPSL and/or LDS loans and scholarships.

The following are considered for a cost of attendance adjustment

  • Course fees on your University Bill
  • Daycare expenses for dependent children under the age of 12
  • Student & Scholar Health Insurance on your University Bill that exceeds $500 a semester
  • Transportation expenses for commuter students
  • VM4 Preceptorship expenses required for completion of your DVM
  • *Medical expenses for the student that are not covered by health insurance, paid out of pocket by the student, and exceed $500 a semester

The following are not considered for a cost of attendance adjustment

  • Off-campus living expenses that exceed the amount offered in your cost of attendance
  • Parking permits and all other vehicle expenses
  • Consumer bills (ie: cell phone, car payment, insurance, utilities, etc.)
  • Costs associated with outstanding consumer debt
  • Legal expenses including paying child support or alimony
  • Food expenses for students living off-campus, including off-campus students who choose to purchase a meal plan, meal block, and/or dining dollars
  • Relocation expenses
  • Interview expenses
  • Clothing for self or family
  • Pet or hobby expenses
  • NAVLE preparatory material

The Review Process

  • The cost of attendance form must be submitted the finals week of the semester the adjustment is requested
  • Costs must be incurred during the semester the cost of attendance adjustment is requested
  • Confirm the cost of attendance adjustment form is completed and signed
  • Include documentation of expenses not on your U-Bill

*Out of pocket medical expenses must be assessed and paid out of pocket by the student during the semester the cost of attendance adjustment is requested. Out of pocket expenses not on the university bill and that exceed $500/semester are not guaranteed for approval and may be reviewed by a committee to determine if the out of pocket medical expenses can be covered by Federal Student Aid. Federal Student Aid and the Office of Student Financial Aid are not responsible for covering out of pocket medical expenses not paid by insurance, and the student accepts that they are the responsible payer of those expenses if the cost of attendance adjustment request is not approved.

Submitting a cost of attendance adjustment form does not guarantee your cost of attendance will change. If loans are increased due to a cost of attendance adjustment, it is your responsibility to take the necessary steps to secure the additional loan funds.

Submit your cost attendance adjustment form and all documentation via email to vmfinancialaid@iastate.edu