Indirect Expenses 2017-2018
Indirect expenses are those not actually charged by Elon Law. The amount a student spends on these indirect expenses is within the student's control. The numbers below represent the maximum amount a student may receive in financial aid for these indirect costs. Many, if not most, students will incur less expense than this based on the choices they make, and students are encouraged to be as conservative as possible in their spending and particularly their borrowing to fund these expenses.
Indirect costs will depend greatly on the choices a student makes. It is important that students consider all choices carefully, e.g., housing location, whether to have a roommate with whom to share costs, whether to take advantage of public transportation, such as the free city bus pass provided by the law school rather than driving, whether to park in the free parking lot provided by the law school, rather than spending the allotted $65.00 per month to rent a parking space in the city parking deck across from the school, etc. Living expenses can vary significantly according to these lifestyle choices. These in turn impact on costs of attendance and future loan debt. The chart below incorporates estimated annual costs.
Room
|
$1,070
|
Board
|
$715
|
Utilities
|
$185
|
Personal
|
$455
|
Health Insurance
|
$2,668
|
Rental Insurance
|
$43
|
Books and Supplies
|
$300
|
Parking
|
$55
|
Transportation
|
$500
|
Total Indirect Costs for August Term
|
$5,991
|
Room
|
$7,490
|
Board
|
$5,005
|
Utilities
|
$1,295
|
Personal
|
$3,185
|
Health Insurance
|
$0
|
Rental Insurance
|
$299
|
Books and Supplies
|
$1,800
|
Parking
|
$495
|
Transportation
|
$3,500
|
Total Indirect Costs for Fall, Winter & Spring Trimesters
|
$23,069
|
Total Indirect Costs 2017-18: $29,060