The seventh module in a 17-module self-instructional course on student financial aid administration (designed for novice student financial aid administrators and other personnel) teaches how to calculate the cost of attendance. It provides a systematic introduction to the management of federal financial aid programs authorized by the Higher Education Act Title IV. After completing this module, the administrator will be able to identify standard budget types, describe acceptable student budget expense categories, describe options available in constructing student budgets, and develop room and board costs for different living situations. Along with a pre-test, post-test, glossary, and acronyms, five sections focus on the following: (1) cost of attendance components; (2) the Pell Grant cost of attendance; (3) case studies for the Pell Grant cost of attendance; (4) cost of attendance for the campus-based and Stafford, Supplemental Loans for Students (SLS), and Parent Loans for Undergraduate Students (PLUS) programs; and (5) case studies for campus-based and Stafford/SLS/PLUS cost of attendance. Two appendices offer Pell Grant cost of attendance: fees component and low-income students and their dependents' living expenses in the campus-based/Stafford/SLS/PLUS cost of attendance. Contains four references. (SM)