Cost of Attendance

NYCI has developed the following Cost of Attendance (COA) “budgets” to help you plan for the expenses associated with your education. These budgets include estimated costs for both       “direct costs” (like tuition and fees) for which the school will send you a billing statement, and “indirect costs” (such as transportation) that are estimates of what an average student spends (i.e. to travel back and forth to school). These “indirect costs” are not part of any billing statement that you will get from NYCI, but should be considered when you plan for your total college expenses.

How Cost Budgets are Created: The tuition and fees, and the books and supplies costs are actual costs for these institutional charges. All other amounts are averages/estimates based upon what students would routinely spend while living moderately in the New York City metro area.

Cost of Attendance (COA )Chart: Direct costs are shown in BLUE, indirect costs are shown in Gray.

Average Costs for One Academic Year (three trimesters) 2012-2013 (all programs)
	Dependent	Independent
Tuition & Fees	Actual(TBD)	Actual(TBD)
Books & Supplies	Actual(TBD)	Actual(TBD)
Room & Board	$   1,500	$   4,000
Personal Expenses	$    800	$     1,600.00
Transportation	$        900.00	$        900.00
Avg. Student Loan Fees	$          20.00	$          20.00
Standard COA Budget:	$  3,220 plus tuition, fees, books and supplies	$   6,520 plus tuition, fees, books and supplies

 

What To Do If Your Costs Are Higher: If your expenses are significantly higher than the Cost of Attendance budget amounts shown above, you should speak with your Financial Aid Advisor.

Living Expenses Paid by Other Government Grants: If your living expenses are already paid by other government grants or outside scholarships/programs, NYCI will be able to reduce your loan borrowing to keep your debt (and eventually your payments) lower. Speak with your Financial Aid Advisor about strategies for reducing your loan borrowing and managing your federal student loans.