Understanding the Cost of Attendance
The most important thing to remember about the cost of attendance is that it is not the same as your eBill. The cost of attendance is an estimate of all the possible costs a student may incur as related to your attendance at Drexel. Drexel creates this estimate each year based upon your program and major, number of terms you will be enrolled for and your status (full-time or part-time). The cost of attendance is used to determine what your financial need is and the maximum amount of financial aid you can receive. Additionally, it is meant to help you budget appropriately for your enrollment at Drexel.
The cost of attendance is made up of both direct and in-direct costs. Direct costs are those that will appear on your eBill and are required to be paid by you to the university. These costs include tuition, fees, Drexel housing, Drexel dining plans and Drexel health insurance.
The in-direct costs are made up of expenses that the university does not bill you for, but that you may accrue anyway as the result of being a student. These include off-campus room and board, books, supplies, transportation and miscellaneous costs.
|Sample 2013-2014 Cost of Attendance for a Full-time 5 Year Undergraduate Student
||Type of Cost
|Room and Board
||Direct if University Housing; in-direct if living off campus
|Federal Loan Fees
|Total Cost of Attendance
Drexel Central estimates all costs based upon averages for your program and enrollment. It is important to remember that the cost of attendance only includes expenses related to your attendance at Drexel. The Department of Education and Drexel University expect all students to be responsible with their financial choices and recognize that not all personal costs can be included as part of the cost of attendance.
If you are a new student, your cost of attendance will be included in your financial aid award letter. If you are a continuing student, you can view your cost of attendance via Drexel One:
- Log in to Drexel One
- Select the "Student" tab
- Select the "My Overall Status of Financial Aid" link in the Billing and Financial Aid section
- Select the academic year you are looking for
- Click the "cost of attendance" hyperlink
If you feel that your cost of attendance does not accurately reflect your real expenses, Drexel Central staff will be happy to review your information with you.