A Cost of Attendance (CoA) will be emailed to you once you have completed all the application process steps. The CoA is an estimate of your educational related costs for the academic year. The CoA will specify the total amount you may borrow through federal loans minus any other aid you may be receiving for that academic year such as bursaries or scholarships. If you are eligible for a Subsidized loan, your Expected Family Contribution (EFC) will also be deducted from a CoA figure to establish your ‘financial need’.
The CoA for students studying at the RWCMD is set by Finance Department. These educational costs relate only to you, the student. These costs cannot include costs for partners or children (other than childcare or nursery costs). We will take the average cost of the following in to consideration for calculating your costs of attendance
- Tuition Fees
- Accommodation and Living Costs
- Course costs
- Visa and Healthcare
- Transportation (2 return flights)
- Transportation (2 return transfers to London)
- Loan fees
Please note, whilst your CoA can include Travel, we cannot issue loan payments before the beginning of the academic year so you should not rely on your first payment to finance your travel to the RWCMD.
The RWCMD uses a standardized exchange rate to avoid fluctuations. The U.S. Department of Education states that students attending foreign (those outside of the United States) schools will have to tolerate such fluctuations. The exchange rate that we have set for the 2021/22 academic year is £1 =$1.41