### Question
How is the "average cost of attendance" defined?


### Answer
The term **average cost of attendance** is defined in *20 U.S.C. § 1087bb* as follows -

> the average of the attendance costs for undergraduate students and for graduate and professional students, which shall include (i) tuition and fees determined in accordance with subparagraph (B), (ii) standard living expenses determined in accordance with subparagraph (C), and (iii) books and supplies determined in accordance with subparagraph (D)

#### Citation:
  - *20 U.S.C. § 1087bb*
  - Heading: **CHAPTER 27-NATIONAL VOCATIONAL STUDENT LOAN INSURANCE > SUBCHAPTER IV-STUDENT ASSISTANCE > Part D-Federal Perkins Loans**

