When Will the College Financing Plan Be Updated To Reflect New Cost Of Attendance Terminology?
Award Year: 2023-24 KA-36508 Helpfulness Rating 811 page viewsThis guidance is specific to the 2023-24 award year and later.
NASFAA has asked the U.S. Department of Education (ED), and they stated that an updated version of the College Financing Plan should be available this summer 2023. In the meantime, schools should use it as is.
Note: The FAFSA Simplification Act requirement that institutions must make publicly available on their website a list of their COA elements and on any webpage discussing tuition and fees does not apply to the College Financing Plan. See COA-Q8 in Dear Colleague Letter GEN-22-15, as well as AskRegs Knowledgebase Q&A, Does a School Have To Publish Its Cost Of Attendance On Its Website?
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