THE FEDERAL COST OF ATTENDANCE:
Federal Financial Aid eligibility is determined based upon a number of different factors, including the – cost of attendance for your program of study. The cost of attendance includes both direct costs (such as tuition, books, and supplies) and indirect costs (such as housing and food costs, and the cost of getting back-and-forth to school). The federal cost of attendance is used primarily as a tool for computing eligibility for federal student aid. Actual costs may vary depending on multiple factors (particularly the indirect costs). The costs used in the federal cost of attendance are for one “academic year” or the length of the entire program, whichever is less. Transfer students and other students with advanced standing may attend less than one academic year.
- Direct Costs: Apex Technical School’s “direct costs” include tuition, books, and supplies. These are billed to the student by the school and are offset by any payments, financial aid, or education loans.
- Indirect Costs: Most of the indirect costs are “living expenses”. Students would likely have these expenses whether or not they were attending school. Apex Tech will NOT bill students for these costs, they are simply estimates to help students plan for living costs and other and out-of-pocket costs while attending school.
The standard cost of attendance budgets are published annually and can be obtained by contacting the Financial Aid Office. While most students will fall into one of the standard budgets, your budget may be customized to meet your specific enrollment circumstances.
Questions? If you have any questions about program costs, direct costs, indirect costs, or how your financial aid is calculated; please visit the financial aid office. We’ll be happy to help you.
Apex Tech provides a federal Net-Price Calculator to give prospective students a preliminary estimate of total costs (both direct and indirect costs). The cost figures provided are for the 2015-2016 financial aid year in the Electrical and Advanced Electrical Program. The calculator also provides an estimate of federal grant funding (based upon 2015-2016 award schedules). Your actual cost and financial aid will vary. Please call or visit the Financial Aid Office for more information and estimates specific to your family’s situation in the current financial aid year.
Please read: This calculator is intended to provide estimated net price information (defined as estimated cost of attendance — including tuition and required fees, books and supplies, room and board (meals), and other related expenses — minus estimated grant and scholarship aid) to current and prospective students and their families based on what similar students paid in a previous year.