Higher education is a positive thing for most students. Having a four-year college degree on your resume makes you more desirable to companies and employers and it raises your starting salary.
A university career can be one of the most amazing experiences of your life – you gain independence, the learning and living with others, and the inevitable parties can all create strong memories and friendships that last for the rest of your life. University students have the opportunity to learn to live away from the family home while being looked after by the campus services. Students learn to look after themselves in a safe, friendly environment full of other students doing the same thing.
There are many students for whom the path to university is a natural progression of their education. They are expected and expecting to go to university from the moment they start high school. For these students, they have usually done plenty of research and understand what university life entails.
For others, those who unexpectedly got the grades required, or those who dreamed of going to university but never really thought seriously about it, the biggest hurdle is the tuition fees.
How do you get lower tuition costs?
University tuition costs can have lots of variation depending on the university and the residential status of the student. For all colleges and universities in the US, the out of state and international students will pay higher costs than in-state.
To lower tuition fees, stay in your state, you should look for a local university to attend. This saves travel, accommodation, and out of state tuition costs. The average cost of most affordable law schools is $82,773 but for instance, the University of the District of Columbia is $12,838 in-state tuition.
Tuition fees vary by state and by university or college. For example, the University of Washington tuition costs $11207 per year for residential tuition costs and $36,587 for non-residential tuition. Out of state and international students pay for the non-residential tuition. Using these figures as an example, a student could save a lot on fees by staying in state for their college tuition.
What are the other costs?
Tuition fees are a large part of the cost of attending college. Other costs involved include travel, personal care, sundries, textbooks, insurance, and food. These costs can add up to at least $2000 per year extra spending.
Many colleges have room and board as part of their accommodation costs. This means eating in college rather than outside. However, all students will enjoy helping the local economy with visits to pizza joints, bars, and bowling alleys being the most popular out of campus entertainment options. These outside entertainments all come with costs attached, such as travel costs and fees.
What is a scholarship?
Scholarships are based on a particular talent – sports, music, or academic talent.
A scholarship pays, on average, 28% of the tuition costs. The University of Washington, for example, offers a range of different scholarships, paying an average of $10,000 towards tuition costs. Scholarships are awarded to exceptional students in particular areas. The students have to show an aptitude for whatever the scholarship represents: Science, Math, Sport, etc.
Founder Dinis Guarda
IntelligentHQ Your New Business Network.
IntelligentHQ is a Business network and an expert source for finance, capital markets and intelligence for thousands of global business professionals, startups, and companies.
We exist at the point of intersection between technology, social media, finance and innovation.
IntelligentHQ leverages innovation and scale of social digital technology, analytics, news, and distribution to create an unparalleled, full digital medium and social business networks spectrum.
IntelligentHQ is working hard, to become a trusted, and indispensable source of business news and analytics, within financial services and its associated supply chains and ecosystems
