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.
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