I know this depends on the college, but I’m just wondering how I compare to others in terms of how much people are going to have to pay; please state the college you’re going to and if you’ve received any grants/loans/scholarships and how much you’ll pay AFTER all that is subtracted.
Thanks!
I don’t think it matters at all what others are paying.
What did your parents say they could pay? What is the school saying you will have to pay?
@carachel2 my parents are willing to pay however much is required. I’m just curious jeez
Your parents are willing to pay however much is required, and the family income is approximately $60k? Is there a big pile of spendable assets?
Wh should LOANS not be included as sums being paid? They need to be repaid.
I wasn’t trying to be aggravating. Seriously…why does it matter? Some families insist college be as close to free as possible and their kids stay at home, max out merit scholarship opportunities and make it happen. Others win competitive full-ride scholarships.
Some families set a budget and won’t allow anything over an in-state school option which would be about $25-30,000 per year.
Some families have saved and saved and will be able to pay the full amount up to 70K a year no matter what.
Some families have nothing saved and have a moderately high income and therefore will get no financial aid but yet they don’t care and they will take out tens of thousands of dollars in private loans to make it happen.
I’ve seen any and all of the above on CC. You and your family have to decide what is best for you.
k, thanks @carachel2
YOU and your parents have to decide how much you can afford. Lots of people here can give you advice. What is your intended major? How much can your parents afford to pay each year? What is the school saying you should pay?
Many families set a budget of the cost of the state school. That’s what I did for my kids, and they were both able to find other schools that came in under that budget. that weren’t state schools.
We paid VT $7700 this semester, no scholarships, grants, etc.
What conclusions can you draw from that @uofmfan?
@JustGraduate that’s probably how much my family is going to have to pay, a little less though because I got a nice scholarship
@uofmfan good for you! But my number doesn’t tell you anything that’s useful for you. That’s how much we paid VT for a semester. It includes a meal plan on campus of food as well as tuition and fees. And obviously if my son lived on campus that number would be higher. Since he lives off campus, if you were asking how much in total it costs for him to go to U we’d add in rent, utilities, insurance, etc. Don’t mean to lecture but be sure to ask the question that really answers what you want to know. I’m guessing people telling you how much they paid the school doesn’t answer any question you might have. Good luck in college
lol @JustGraduate
Why so much hate thrown to the OP. I’ve seen many worse threads on CC than this. @uofmfan good luck to you!
thanks! ikr @bhs1978
If money is not object, lucky you! Almost all universities will have a total price calculator on their site that will give tuition, fees, room & board (if on campus), and estimates for books, travel, incidentals. For most “top” private universities and LACs, that will end up being in the $50K-$70K/ year range. State schools vary by where you live, but your total cost will be much less, probably $10-$30K/year. Does that help with your question?
Bu the way, even if money is no object, you may want to have the conversation with your parents. Sometimes they don’t want to distract you with money talk up front, but they really wouldn’t mind keeping that extra quarter of a million if you can get a free ride. You may also be able to negotiate…If they are willing to pay $60K/year, will they split the savings below that 50/50 with you, so that if you go to a $30K school, they keep $15K and you get $15K to save for grad school or travel to Europe. Can’t hurt to have the conversation.
Actually any money you “save” may well be needed for moving expenses and/or a buffer while waiting to get hired and first paycheck. There are many grads who don’t have a job upon graduation and scramble trying to pay bills.
Most EFCs are coming up between $24K and $30K, so about that much.
$0
But yeah idk how answers to this question helps you at all. People pay between $0 and full sticker price for college.
I used to think CC was a welcoming place to ask questions. Yea…not so much!!!