Cost of Attendance

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Class starts: November 18, 2014

Cost: $299 per registrant (members and non-members)

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This course focuses on cost of attendance (COA), including the process of COA construction, selecting appropriate methods of research to use for determining student budget expenses, identifying and describing the COA components, and identifying when a student’s COA must be recalculated. This 100% online course is a perfect collaborative learning tool for new financial aid professionals, or professionals with less than five years of experience in the industry. It would also be useful to professionals who are new to updating the value of budget components. A credential is provided after successfully completing and passing the credential test, which is available at the conclusion of the course and included in your course fee.

NASFAA University courses are 100% online with an asynchronous focus, meaning the individual attendee can log on anytime/anyplace (assuming they have Internet access) and participate in course requirements - naturally there are due dates they will need to adhere to, i.e. weekly assignments that must be completed. There are also weekly synchronous class meetings held one night per week (see schedule below). However, these “live” classes are optional and recorded for on-demand viewing by the course attendee. While there will be no grade reductions for students that do not attend the live classes, we do encourage attendance to due to the highly collaborative nature of the courses.

As a participant of this course you will be asked to:

  • Review educational presentations
  • Complete learning assignments and quizzes
  • Participate in online discussions
  • Collaborate with other financial aid administrators  


  • Week 1: Authority and Elements
  • Week 2: Methods for Developing a COA
  • Week 3: Adjustments to an Individual Student's COA
  • Week 4: Putting it All Together   
Live Class Schedule 
  • Tuesday 11/18/14 6pm - 7pm ET
  • Tuesday 11/25/14 6pm - 7pm ET
  • Tuesday 12/02/14 6pm - 7pm ET
  • Tuesday 12/09/14 6pm - 7pm ET
Course Lesson Video Example   
Below is an example of one of the weekly lesson videos made available to attendees of the course. In addition to the live weekly classes, discussion forums, homework lessons, self-assessments, and reading material that is provided to the attendee - these streaming videos are an integral part of the content delivery and allow attendees to view presentations anytime they choose to view them. Please note this video is from the spring 2013 course and new content will be provided to attendees of the fall 2014 course.

Course Facilitators

David TolmanDavid Tolman’s career in financial aid began in 1992. Before joining NASFAA, he had been the Director of Financial Aid and Scholarships at Boise State University for nearly 12 years. His training experience includes many summers as faculty for WASFAA Summer Institutes, being a non-federal trainer with the U.S. Department of Education, and an instructor for NASFAA decentralized training. David also taught principles of microeconomics courses at Boise State University as an adjunct faculty member. His education includes a Bachelor’s degree from Brigham Young University and a Master’s degree from Arizona State University. 

Eunice PowellEunice Powell began her career in financial aid in 1979 at the University of Illinois at Chicago where she worked for more than 12 years in the Office of Student Financial Aid. Since 1994, Eunice has worked at NASFAA. Currently, she is a Senior Training Specialist in the division of Training and Regulatory Assistance. Eunice is responsible for researching and writing NASFAA training materials and webinars, updating NASFAA publications, and responding to technical questions regarding regulatory issues posed by NASFAA members. She is a graduate of Morgan State University in Baltimore, Maryland and Columbia College in Chicago, Illinois. 

Cancellation Policy

We limit our online class size to ensure that we provide an effective, collaborative learning environment where participants receive experience and attention they need. Requests to cancel must be sent to

By submitting your registration, you agree to the following cancellation schedule:

  • $25 cancellation fee before November 14
  • $50 cancellation fee November 15 - 17 

If you do not cancel by 6:00 am ET November 18, you will be responsible for the full amount of the registration fee. Medical emergencies will be re-scheduled to another available course with a doctor’s note.