[Oasfaa] Housing component?

[Laura Coponiti]

We have two, one for the dorms and one for our apartments.  However, my understanding is you can do an average, this is something I am looking into for our 17-18 year.  

 

I am sure doing the lowest looks good on reports, but I think this create a hardship to your students in the higher price housing .

 

 

Laura Coponiti

Dean of Admissions and Financial Aid

Troutt 112

 <http://usao.edu/> University of Science and Arts of Oklahoma

 

1727 West Alabama

Chickasha, OK 73018

405-574-1350 (office)

405-574-1220 (fax)



 

From: oasfaa-bounces at lists.onenet.net [mailto:oasfaa-bounces at lists.onenet.net] On Behalf Of Kelly Hicks
Sent: Friday, September 30, 2016 10:46 AM
To: Jonna Raney <jonna.raney at okbu.edu>; oasfaa at lists.onenet.net
Subject: Re: [Oasfaa] Housing component?

 

Hi Jonna – I use the average.

 

Kelly Hicks|Director of Financial Aid-NCAA Compliance

P:918-343-7573|F:918-343-7598|kellyhicks at rsu.edu

 



 

From: oasfaa-bounces at lists.onenet.net <mailto:oasfaa-bounces at lists.onenet.net>  [mailto:oasfaa-bounces at lists.onenet.net] On Behalf Of Jonna Raney
Sent: Friday, September 30, 2016 10:05 AM
To: oasfaa at lists.onenet.net <mailto:oasfaa at lists.onenet.net> 
Subject: [Oasfaa] Housing component?

 

I have always had a standard "on campus" budget. I typically used the dorm room price for the room component. We charged the same price for 3 of the 4 dorm. However, beginning next year, the dorms will all have varying prices. From my interpretation of the handbook, "An allowance for room and board. For students that aren’t

dependents living at home with their parents, this will be an allowance
that you determine. For students living on campus, the allowance
is the standard amount normally assessed most residents." I plan to use the average $ of the 4 different residence halls for the room component. My CFO thinks I should use the lowest cost dorm. (I do not include apartment costs in the budget calculation because more than 50% of the students live in the 4 dorms.)

Am I being too picky? How do you get your on campus room amount? I hope you don't tell me I need 10 different COA budgets because many times, we don't know where the students will live until they're moved in. 

Thanks in advance for your assistance.

 


  <https://www.okbu.edu/site-files/images/signature/obu-letters.png> 


Jonna Raney


Director of Student Financial Services

405.585.5020
Oklahoma Baptist University

		

 

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