Edit Cost of Attendance

Security: Manage: Cost of Attendance
domain in the Financial Aid functional area.

You can edit the cost of attendance (COA) that Workday automatically calculates for a student or applicant. Example: Add a cost for a cost item that's not assigned to the student's program of study.

On the

task, Workday:

Displays recommendations for the

Academic Period

prompt by default. Workday uses machine learning to determine these recommendations based on your most recently and frequently used selections. You can optionally disable these recommendations. See Concept: Form Completion Assistant.

Enables data entry checks for the

Amount

prompt, to notify you when an entered value is outside of the typical range. You can optionally disable the data entry checks in the

Data Entry Check Options

section of the

Edit Tenant Setup - Student

task. See Reference: Edit Tenant Setup - Student.

Edit COA for a student.

To edit COA for an academic period, access the

Edit Cost of Attendance

task. When you enter an amount of zero for the cost item, Workday automatically selects the

Student Cost Lock

check box.

To edit Pell COA, which is based on a full-time status for a full academic year:

Access the

Cost of Attendance

report on the Financial Aid profile group of the student or applicant profile.

Click

View/Edit Pell COA

for an award year.

Click

Edit Pell COA

Run the student or applicant through downstream processes, such as merit and need packaging, to incorporate the updated COA.

Workday doesn't automatically pick up the student or applicant for downstream financial aid processing, so you must process them manually.

You can view the updated COA and Pell COA on the

Cost of Attendance

report. Access the report on the Financial Aid profile group of the student or applicant profile.