The Road to Scholarships

tips and hints for junior high & high school students planning to use scholarship monies to pay for their continuing education

Cost of a College Education

How much money will you actually need to attend college? The truth is, it varies. Much of it depends on which college you chose, it’s location, your location, and the type of education you need.

Often students and parents think the high dollar educations are the price of the Ivy schools. Schools like Harvard, and Yale. To be fair, those are expensive colleges to attend. A quick look at the tuition  page on the Harvard website shows the cost of $32,896 for the 2008-2009 academic year.

Since Harvard is located in Massachusetts, let’s look at the pricing of a couple of other colleges in that state.

Massachusetts College of Liberal Arts,   a four year college lists their 2008-2009 tuition/fees  yearly cost here, at, $15,350 for out of state students, residents of Massachusetts can expect to pay at least $6000 for tuition.

North Shore Community college has their costs listed on this page. They charged  Massachusetts residents $125  and  non-residents $357 for each credit  hour taken in 2008-2009. This totals about $3800 for a resident and $11,000 for a non resident.

You can see the basic  cost of a college education can vary from $4000 a year to over $30,000. How much your education will cost will be determined by you. Where do you want to attend college? How long will your education take? You need to be thinking on these things.

To get an idea of the cost of colleges in  your state, or colleges  you have in interest in attending this site by the University of Texas has links for most colleges in the United States. They have another site here, listing links for community colleges.

Remember basic cost is only the tuition and some fees. There are often other fees required. Don’t forget, you’ll need books, generally you can figure 40 per credit hour for books. This is $600 for 15 credit hours.  This is an average and a fairly good rule of thumb to use for estimating your costs.

In addition to your books, you will living somewhere. That will cost money. Most colleges require incoming out-of-town freshmen to live on campus. This is to your advantage. Each college will have a figure for the cost of a room. If  you live within commuting distance and choose to live at home, remember you’ll still need to pay for the additional vehicle expenses.

You will also need to eat. The cost for this will depend on you, and your situation. Living at home, your parents will probably underwrite the cost of your meals. If you live on campus the college will have meal plans for you. There’s also extra money for snacks, and when you don’t eat the college food, and the need for other miscellaneous items.

You can see the cost of a college education has a wide range, and it’s all in the high range. Determining what college is best for you will be another post. For now, I just wanted you to understand your higher education which will be well worth the money spent, is going to have a steep price tag.

March 4, 2009 Posted by | scholarships | , , , , | 2 Comments