Cost of attendance for US federal government loans
Your cost of attendance is an estimate of your educational expenses based on the duration of your study.
When you apply for US federal government loans, we'll calculate your cost of attendance (COA). This amount is calculated to cover your educational expenses, such as your tuition fees and living costs.
Your COA is the total amount you may borrow through US federal government loans, excluding any other aid (e.g scholarships) you may be receiving. This amount will be included on your UQ financial aid award letter.
All aid you receive through US Federal Government or private loans can't exceed your approved COA.
Educational expenses
Educational expenses calculated in your annual COA are detailed below. These figures are reviewed and updated annually.
Expense | Explanation | Amount |
---|---|---|
Tuition fees | Tuition fees depend on your program | Varies – refer to your offer letter |
Living allowance | Includes room, board, personal expenses, transportation, textbooks and supplies | A$843 per academic week for most students US$30,098 for Ochsner Phase 2 students |
Overseas Student Health Cover (OSHC) | OSHC costs depend on the length of your program | Varies – refer to your offer letter |
Program-related expenses |
One-off allowance to cover establishment costs (e.g. student visa, relocation expenses, equipment)
|
A$5250 |
Return airfare | A$3500 | |
Program-related expenses for students applying for residency programs | Medical student expenses | Varies |
How exchange rates affect your COA
US federal government loans can be affected by exchange rate fluctuations, when amounts are converted between Australian and US dollars.
As conversions occur at different times during the year, each conversion will result in a rate risk due to movement in the exchange rate. It's your responsibility to understand and accept this risk.
For more information on how your funds will be paid out, email financialaid@uq.edu.au.
Appeals
If you believe that your COA calculation doesn't accurately reflect your actual cost of attendance, you can submit an appeal with all supporting documentation to financialaid@uq.edu.au.
A successful appeal must align with the regulatory requirements described in the Federal Student Aid Handbook.
We'll review your appeal and advise you of the outcome within 5 to 7 business days.