COA Estimates

(Please Ask Questions and Answer Questions)
User avatar
midwest17
Posts: 1686
Joined: Sat Aug 31, 2013 5:27 pm

COA Estimates

Postby midwest17 » Mon Dec 16, 2013 2:34 pm

Are schools' COAs typically accurate and based on similar lifestyle assumptions? Obviously people spend different amounts of money, but when it come time to compare costs at different schools, am I better off relying on the published COA or trying to do my own estimations?

062914123
Posts: 1846
Joined: Sun Apr 20, 2008 2:11 pm

Re: COA Estimates

Postby 062914123 » Mon Dec 16, 2013 3:06 pm

.
Last edited by 062914123 on Fri Jul 04, 2014 8:08 pm, edited 1 time in total.

User avatar
midwest17
Posts: 1686
Joined: Sat Aug 31, 2013 5:27 pm

Re: COA Estimates

Postby midwest17 » Tue Dec 17, 2013 12:10 am

bee wrote:also, im sure you've seen this, but in case you havent, gulc's coa calculator: http://www.law.georgetown.edu/admission ... geid=61621


Thanks; I think I'd seen that referenced, but I've never actually seen it.

User avatar
Domke
Posts: 94
Joined: Sun Jul 21, 2013 10:47 pm

Re: COA Estimates

Postby Domke » Tue Dec 17, 2013 12:13 am

From what I've seen they tend to be high. They assume you will live in an above average one bedroom apartment. You can live off much less than they assume.

User avatar
altoid99
Posts: 249
Joined: Mon Sep 17, 2012 12:04 am

Re: COA Estimates

Postby altoid99 » Thu Dec 19, 2013 1:59 am

bee wrote:
midwest17 wrote:Are schools' COAs typically accurate and based on similar lifestyle assumptions? Obviously people spend different amounts of money, but when it come time to compare costs at different schools, am I better off relying on the published COA or trying to do my own estimations?

interested in this too.

also, im sure you've seen this, but in case you havent, gulc's coa calculator: http://www.law.georgetown.edu/admission ... geid=61621


The Georgetown calculator uses the old interest rates on Stafford and Grad PLUS loans. Here's a similar calculator from BU with updated interest rates: http://www.bu.edu/law/prospective/financial_aid/calculator/

062914123
Posts: 1846
Joined: Sun Apr 20, 2008 2:11 pm

Re: COA Estimates

Postby 062914123 » Thu Dec 19, 2013 2:07 am

.
Last edited by 062914123 on Fri Jul 04, 2014 8:26 pm, edited 1 time in total.

BigZuck
Posts: 10876
Joined: Tue Sep 04, 2012 9:53 am

Re: COA Estimates

Postby BigZuck » Thu Dec 19, 2013 4:02 am

Maybe they do assume you live in an "above average" apartment and I'll admit that it's been a while since I was 22 so maybe I've made some bad spending habits in my old age. But...I wouldn't realistically expect that you'll spend significantly less than the COL assessments they give you. Absolutely it's possible to live on less but from my experience, realistically speaking, you're going to spend most of it.




Return to “Law School FAQ”

Who is online

Users browsing this forum: bns212, mathis1490, mjb447, nerdylsat, zerato5 and 3 guests