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Estimated Remaining Costs

The estimated remaining costs amount is not your anticipated university bill.

This estimation is a calculation of the estimated cost of attendance (COA) minus offered aid. It represents only one way of looking at financial planning, but it should not be confused for a bill.

Estimated Costs v. Bill 

Because estimated remaining costs equals the COA minus offered financial aid, it is important to recognize that only some COA elements are part of a semester bill.

COA Component COA Description On UC Bill?
Tuition and Fees

Individual fees that make up tuition:

  • Instructional fees 
  • General fees 
  • ITIE fees
  • Campus life fees
Yes; full-time rate is often used initially in COA; rates are prorated on the bill (and later in COA) if student attends part-time; tuition rates are always subject to action by the Board of Trustees
Program Fee Many UC colleges or majors carry a specific fee in addition to tuition Yes
Room and Board Average costs based on if a student lives on-campus, off-campus, or with parents Only if a student is living on-campus or purchases a meal plan; specific rate may be different based on housing assignment and meal plan choice
Books Average cost of books and supplies Only courses using eBooks will be part of the bill
Transportation Average cost of travel to campus No
Personal Expenses Average cost of items such as clothing, laundry, entertainment, etc. No

Anticipating Your University Bill

Students are encouraged to anticipate their semester bills as part of the college decision process and for good financial planning. Because the university bill is your primary financial obligation when attending college, use charts of key billable charges to estimate your bill. Then apply your financial aid awarded to that estimated bill to get a better picture of your out-of-pocket expenses.

COA Component COA Description On UC Bill?
Tuition and Fees

Individual fees that make up tuition:

  • Instructional fees 
  • General fees 
  • ITIE fees
  • Campus life fees
Yes; full-time rate is often used initially in COA; rates are prorated if student attends part-time.
Program Fee Many UC colleges or majors carry a specific fee in addition to tuition Yes
Room and Board Average costs based on if a student lives on-campus, off-campus, or with parents Only if a student is living on-campus or purchases a meal plan; specific rate may be different based on housing assignment and meal plan choice
Books Average cost of books and supplies Only courses using eBooks will be part of the bill
Transportation Average cost of travel to campus No
Personal Expenses Average cost of items such as clothing, laundry, entertainment, etc. No

COA Component COA Description On UC Bill?
Tuition and Fees

Individual fees that make up tuition:

  • Instructional fees 
  • General fees 
  • ITIE fees
  • Campus life fees
Yes; full-time rate is often used initially in COA; rates are prorated if student attends part-time.
Program Fee Many UC colleges or majors carry a specific fee in addition to tuition Yes
Room and Board Average costs based on if a student lives on-campus, off-campus, or with parents Only if a student is living on-campus or purchases a meal plan; specific rate may be different based on housing assignment and meal plan choice
Books Average cost of books and supplies Only courses using eBooks will be part of the bill
Transportation Average cost of travel to campus No
Personal Expenses Average cost of items such as clothing, laundry, entertainment, etc. No

Incoming undergraduate, degree-seeking students are under a Cincinnati Tuition Guarantee for their incoming class. Rates are posted when they are set.

Estimates of anticipated rates are used when developing your Cost of Attendance if you receive your award notice prior to the Board of Trustees action to set rates. 

Semester bills will be produced within Catalyst and accessed using the "My Finances" tile. Bills will be available after a student registers for classes for each term and according to the following schedule.

  • Fall billing begins on or near July 15th of each year
  • Spring billing begins on or near December 1 of each year
  • Summer billing begins on or near April 1 of each year 

Determining your specific anticipated bill and applying your financial aid to it will give you the best foundation for your financial plan.

Options for Meeting Remaining Costs

Financial aid offers students and families assistance toward college costs. But it is rare for financial aid to cover the entire student bill. It is even rarer for aid to cover both direct/billed and indirect/non-billed costs.

Most students and families will utilize personal resources such as savings, work earnings, or adjustments to their budgets to meet their specific costs associated with attending college. Developing a budget and plan to meet costs with personal resources also reduces reliance on loans and the size of loan debt after college.

At the same time, loans can be an option for some students and parents. Parents of dependent, undergraduate students can borrow using the Federal Parent PLUS Loan. Students can seek out non-federal alternative loans from private lenders. Estimated remaining cost gives you an indication of maximum borrowing eligibility on PLUS or non-federal loans. Of course, borrowers can always borrow less according to their personal financial plan. Loans can be helpful, but borrowing should be done with an eye on the future and accumulating loan indebtedness.

Additionally, because people are not paid on a semester basis, the university offers students the opportunity to use a payment plan to divide the term's bill over several monthly payments.

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student and parent discussing budgets

It is important for families to talk about how college expenses are going to be met and what adjustments, if any, are going to be made. The cost of attending college can be made less stressful when a plan is created for how expenses are going to be met.

Additionally, if you anticipate someone else making payments on your behalf, be sure to sign them up via delegated access so they can view your account and make payments. Delegated access allows family, spouses, or others access to the areas of your university record that you designate.