It is a common belief that out-of-state tuition can be more expensive than in-state tuition. While the sticker price is usually higher, there may be other incentives that could affect the final cost of an out of state school. Some colleges may offer in-state tuition prices to out-of-state students, or they may offer more need- and merit-based aid. As you evaluate college options, it’s important to look at costs beyond tuition, fees, and room and board to help ensure you understand the true cost of a college and what you may need to cover.
Note: Average costs are applicable for 2018-19 undergraduate tuition and fees for an entire academic year at a public college as presented by the College Board in October 2018, which is the source for this data. Room and board costs are consistent across in-state and out-of-state public four-year colleges, at $11,140 average for the 2018-19 school year.
Sources:
Tuition and Fees: https://trends.collegeboard.org/college-pricing/figures-tables/2018-19-state-tuition-and-fees-public-four-year-institutions-state-and-five-year-percentage
Room and Board: https://trends.collegeboard.org/college-pricing/figures-tables/average-published-undergraduate-charges-sector-2018-19
Did You Know?
If you are considering changing state residency for better tuition rates, carefully research your options and talk to school administrators first. State and school requirements can be very complex, so this may not be your best option to save on college expenses.
Learn the difference between subsidized and unsubsidized federal loans when you apply for a Federal Direct Loan, previously called a Direct Stafford Loan.
Find helpful information about the different federal student loan options for college. Compare federal and private loans and choose the loan that best fit your needs.
Consider these features to help with research and student loan comparison. Learn how to compare private student loans at Discover.com.
Learn how to avoid these common mistakes when filling out the FAFSA. Submitting an application the right way can help ensure you get the most money possible.
Learn more about the Federal Work-Study Program that provides part-time jobs to help students pay for their college education.
Find out what options are available if college tuition is due but you don't have the money on hand. Examine your options to have a plan in place before tuition is due.
It helps to get organized when the time comes to pay your tuition. Discover Student Loans prepares you for what you need to know about paying college tuition.
There are options if you have to pay for college by yourself. Here are some tips on how you can pay for college without your parents' help.
