Financial planning is a major factor in making a successful transition into a health profession or graduate/professional program. The “Cost of Attendance”, sometimes referred to as “Student Budgets”, is designed to provide students with an accurate projection of reasonable educational costs.  The Student Financial Aid Office computes a total “Cost of Attendance” figure or “Budget” based on the required direct or indirect educational expenses which make it possible for a student to attend college.  The Cost of Attendance may only include expenses that are incurred during the period of enrollment.  A periodic review is performed to ensure that the student budgets are comprehensive and adequate. The responsibility for the development and maintenance of the student Cost of Attendance resides with the Student Financial Aid Administrator. There are three basic Cost of Attendance components that apply to all Federal Student Aid programs: tuition and fees, books and supplies, room and board.  However, federal regulations allow for the inclusion of other direct or indirect educational expenses on a case-by-case basis.  A general description has been provided for each primary Cost of Attendance component. Students can receive a detailed Cost of Attendance with their student financial aid award notice. 

  

Cost of Attendance Considerations

Tuition and Fees

Tuition and Fees

The COA may include tuition and fees normally assessed all students carrying the same academic workload as determined by the institution.  Tuition charges are allowed in a COA if the coursework is credited toward the student’s degree or educational program.  Student budgets and financial aid awards may be adjusted if a change occurs in the amount of tuition and fees charged to a student after an award has been made and/or disbursed. In order to be included in the COA, fees must be required for the student’s course of study or be mandatory of all students as an enrollment requirement. 

Books, Educational Supplies, and Diagnostic Equipment

Books, Educational Supplies, and Diagnostic Equipment

An allowance for books and supplies in the COA provides for the average cost of educational materials related to the student’s course of study.  An average allowance for diagnostic equipment is allowed for those programs which require the equipment.  The diagnostic equipment allowance is automatically added to the student’s COA for the relevant curriculum year.

Room and Board

Room and Board (Living Allowance)

The Living Allowance component of the COA is constructed based on reasonable average expenses for a single student’s housing and meals. It is also based on the actual months of enrollment and cannot cover months of non-enrollment, such as the time period between academic years.  The Living Allowance is adjusted for students living at home with parents.  Allowances for spouses or dependents of independent students are not included in the student’s COA. 

Educational Student Loan Fee

Educational Student Loan Fee

Title IV regulations provides for the inclusion of loan fees paid to the Lender upon disbursement of an educational loan.  The fee used in the COA is an average based on the total educational loan fees paid by students during the most recent award year.   

Residency Interviews

Residency Interviews

Fourth-year medical students can request a Cost of Attendance (budget) adjustment to allow for cost related to residency interviews. Students can request a budget adjustment for residency interview expenses by submitting the approved forms for the award year.  Contact the Student Financial Aid Office for forms.

Medical Insurance

Medical Insurance

Medical Insurance is required for all LSU Health Shreveport students.  Therefore, the cost is an allowable expense and can be added to the COA with proper documentation.  The Medical Insurance allowance cannot include the premiums for dependents or spouses. Contact the Student Financial Aid Office for the required form.

Computer Purchase

Computer Purchase

The COA may include the reasonable cost for the documented rental or purchase of a personal computer for students enrolled at least half-time.  The computer does not have to be required by the student’s program of study.  This expense is allowed only once during the student’s enrollment at LSU Health Shreveport, even if the student has sat out of the curriculum for an extended period of time or must repeat one or more years of the curriculum.

  • Allied Health Profession and Graduate Studies students must formally request a COA increase for the purchase of a computer before the allowance can be included.  Students can request assistance for a computer purchase by completing the Computer Purchase Form.
  • The School of Medicine requires all 1st year students to purchase a laptop computer through LSU Health Shreveport.  As a result, the computer cost is automatically added to the COA for medical students.  However, the computer allowance will be removed from the COA if a medical student receives an approved computer purchase waiver from the Assistant Dean of Student Affairs.  Medical students can request reimbursement for the purchase of a computer bought outside the institution.  The purchase must have occurred after acceptance into the School of Medicine.   

Dependent Child Care

Dependent Child Care

The dependent childcare allowance is based on the estimated expenses incurred for child care. Childcare does not cover periods of non-enrollment.  In order to include the allowance, the student must document: 1) proof of a legal dependent that is included in the student’s household, 2) care is required in order for the student to attend school, and 3) the student incurred or will incur child care expenses.  After-school childcare is allowed for children less than age 12. All-day childcare is allowed for non-school age children.  Students requesting an allowance for dependent childcare should contact the student financial aid office the required forms.

Licensure Exams

Licensure Exams

Some academic programs require that students take a licensing exam prior to the completion of their academic program.  The cost of those exams are automatically added to the students’ COA for the relevant curriculum year.  This cost is allowed once during the student’s enrollment, per federal regulations.

Student Financial Aid

Cost of Attendance

Student Financial Aid

Administration Building
4th Floor, Room 405
Email: shvfinaid@lsuhsc.edu
Phone: (318) 675-5561

Net Price Calculator

LSU Health Shreveport does not enroll First Time, Full-Time Freshman; therefore the university is not required to use the Net Price Calculator.  Students seeking information on the educational cost are encouraged to review the Cost of Attendance section on this site. 

 

Financial Aid Shopping Sheet

The Student FA Shopping Sheet is available to all admitted students once an award has been made.  Students may view their  Sheet on the Student Self-Service Portal.  The Sheet can be used to assist students with comparing FA awards from multiple schools.  The U.S. Department of Education and the Consumer Finance Protection Bureau offers the following school comparison tools for students trying to decide which school is the best fit for their educational needs:

  1. College Scorecard 
  2. College Navigator 
  3. Paying for College