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PPM 83-700 Student Expense Budget and Standard Expenses on www.olc.edu

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                                                                                83-700
                                                      BOT 06-28-07, 07-10-11, 12-22-12

                  STUDENT EXPENSE BUDGET AND STANDARD EXPENSES

Student Expense Budget
A student expense budget is defined as the direct education costs and indirect 
educational costs related to attendance at Oglala Lakota College during a specified 
period, which is usually a 9-month period.  As a guide to equitable consideration of all 
Oglala Lakota College students, the student’s expense budget has been established. 
The Financial Aid Director will review the area demographics for the cost of living to 
determine if there is a need for an increase in our Cost of Attendance.

The costs suggested are considered standard and are allowed in the student expense 
budget, than those exceptions noted.  The amounts specified can be exceeded only with 
acceptable documentation.

Standard Expenses
1.  Direct Educational Costs
    A.	Tuition:  Allow $80 per credit hour, per pupil funded students and $98 per 
        credit hour, non-per-pupil students.
    B.	Fees:	Allow $50(full time – 12 or more credit hours)
        Allow $40(3/4 time  -  9 – 11 credit hours)
        Allow $30(1/2 time  -  6 -  8   credit hours)
        Allow $20(1/2> time – 5 credit hours or less)
        *REGISTRATION FEE:  Allow $40.00 per
         semester.
    C.	Books and supplies:  Allow 1,200 per academic year.
    D.	Special Class Supplies:  Limited to specific courses of study.
        1. Nursing – Allow nursing students (accepted into program) up to an amount 
           allowable to pay for uniforms, caps, shoes, pin, ect., one time only.
           *YEARLY BUDGET IS TO BE SUBMITTED BY DIRCTOR OF 
           NURSING.
        2. Lab, Business Machines, Technology fee, ect.
           *Allow $15.00 per semester, charge only if course requires it.
2.  Standard Indirect Educational Costs
    A.	Rent, including utilities;
    B.	Food, Household Supplies;
    C.	Personal Expenses;
    D.	Transportation;
    E.	Child Care.

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