Common Elements Used in Student Budgets
|
Field or Control |
Definition |
|---|---|
| Inst COA (institutional cost of attendance) |
Indicates the sum of all budget items assigned to this budget group that have an item class of federal or institutional. The Packaging routine uses this COA during awarding if you designate institutional methodology as the packaging methodology at the financial aid item type level. |
| Fed COA (federal cost of attendance) |
Indicates the sum of all budget items assigned to this budget group that have an item class of federal. The Packaging routine uses this COA during awarding if you designate federal methodology as the packaging methodology at the financial aid item type level. |
| Pell COA (Pell cost of attendance) |
Indicates the sum of Pell amounts from the budget items assigned to this budget group. The Packaging routine uses this COA when awarding Pell Grants. |
| Pell LTHT COA (Pell less than half-time cost of attendance) |
Indicates the sum of Pell less than half-time amounts from the budget items assigned to this budget group. The Packaging routine uses this COA when awarding Pell Grants. |
| Item Class |
Indicates whether you use the budget item for calculating federal or institutional budgets. |