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It is no surprise that college can be expensive, but it is a worthwhile investment. When thinking about post-secondary education, many think solely of tuition costs; however, the total cost of college is more than just tuition and fees; it includes room and board, transportation costs, school supplies, and several other expenses. Educating yourself on college costs will better prepare you for what's ahead.
College costs may, at first, seem staggering and that's why it's important you understand the expenses of higher education. After reading this article you will have a better grasp on the costs of college and how Bold.org can help you.
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This is how much college costs:
- How much does four years of college cost on average
- How much does community college cost
- How much does a semester of college cost
- How much does college cost per year
- How much does the average college cost
- How much does a college dorm cost
- How much does college tuition cost
- How much does one college class cost
- How much do college textbooks cost
How much does four years of college cost on average?
Tuition and fees are the majority of most students' educational expenses. The cost of a four-year institution depends upon what type of institution a student enrolls in and whether they decide to be a full-time undergraduate student or enroll part-time. Typically, students applying for college also apply for financial aid to help alleviate college costs.
If a student applies for FAFSA, what they pay for college will be determined based on their family's expected contribution. Dependency status is another key factor that determines whether a student's income or their family's income will be reported for any form of financial aid. Before turning twenty-four, college students are considered dependent students.
Private colleges and universities will have higher average tuition than public universities and colleges. Private schools can be not-for-profit and for-profit, with for-profit colleges averaging 2-4 times more than public colleges.