If a Student Moves Off Campus Due To Coronavirus, Must We Recalculate Her COA Or Awards?

KA-34712 Helpfulness Rating 827 page views

This AskRegs Knowledgebase Q&A was updated on August 27, 2020 to reflect extended timeframes in the August 21, 2020 Electronic Announcement. The following COVID-19 flexibilities now apply through the end of the payment period that includes December 31, 2020 or the end of the payment period that includes the end date for the federally declared qualifying emergency related to COVID-19, whichever occurs later.

No. According to the COVID-19 FAQs document attached to ED's March 5, 2020 Electronic Announcement, "No. If, as a result of the COVID-19 outbreak, you provide a refund or waiver of expenses for all or part of a student’s tuition, fees, room and board charges, or other institutional charges, or if you become aware that a student has moved off campus for the remainder of the term, the Department will not require a re-evaluation of the student’s cost of attendance. Therefore, you are not required to make changes to a student’s Title IV awards on the basis of such changes."

AskRegs Q&As represent NASFAA's understanding of regulatory and compliance issues. They are FOR INTERNAL USE ONLY. While NASFAA believes AskRegs Q&As are accurate and factual, they have not been reviewed or approved by the U.S. Department of Education (ED). If you should need written confirmation of AskRegs information for audit or program review purposes, please contact your ED School Participation Division. NASFAA shall not be liable for technical or editorial errors or omissions contained herein; nor for incidental or consequential damages resulting from the furnishing, performance, or use of this material.