<p>now that the OOS tuition rate increased to $12 140 plus mandatory fees, do you think that the $40 190 stated in the financial statement 2009-10 will be enough to cover the whole freshman year 2009-10? how much will tuition increase for the 2010-11 academic year?</p>
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<p>It’s hard to tell. The way tuition basically works is like this: each department at Georgia Tech establishes a budget. They then subtract off income (i.e. grants, donations, and income from special programs like MBA and EMIL). Then submit the deficit to the Institute.</p>
<p>The Institute collects the deficit from all departments, and subtracts off the income from donations, licensing sales, rent, institute grants, the endowment, etc. The remaining deficit is sent to the Georgia Capital.</p>
<p>The state representatives and state senators collect all the deficits from all the schools and add them together. They then determine how much of the state budget they can use to fund higher education. This value is subtracted off.</p>
<p>Then, the total remaining deficit of all Georgia universities, from Georgia Tech to Kennesaw State to Abraham Baldwin Agricultural College is divided by the total students at all universities in the state of Georgia, a multiplier is applied, and that becomes the tuition rate for each school.</p>
<p>In all of that, the only real question mark from year to year is how much of the deficit the State of Georgia will fund. If there’s a budget surplus, tuition will probably stay the same. If there’s a budget shortfall (like this year), tuition will probably go up.</p>
<p>One thing that’s never sat well with me is that based on this system: Georgia Tech keeps 40% of the tuition it collects because a school like Kennesaw State is nearly 100% deficit (very little income) while a school like Georgia Tech is half deficit (lots of income from grants, start ups, and other revenue sources). So if you pay $20,000 in tuition next year, $8,000 goes towards your student’s education and $12,000 gets sent to fund someone else’s kid at Southwest Georgia or Valdosta State.</p>
<p>OOS Tutition did NOT increase from the estimate GT gave you with your financial aid package. In fact, it went down, from an estimated $25,680/yr. to the actual $24,280/yr. Fees went up from the estimated $1,260/yr. to the actual $1,436/yr. I’m not sure were this myth of tuition increasing for OOS students has come from… However, It will more than likely increase for each year you stay at tech. $40,190 of aid will cover the full cost of attendance.</p>
<p>Which fees increased? Last year had that big increase for athletics and the “emergency” $100 fee.</p>
<p>Tuition & fees $26,940
Books & supplies $ 1,000
Housing/meals $ 8,160
Personal/travel $ 1,500
Total est COA $37,600
This is what they had sent out in a few different publications
Where did you get the other numbers? the $24,280/$25,680 & $40,190?
Note the above figures are BEFORE they said tuition would no longer be frozen for 4 years</p>
<p>I bet the OP is including student health insurance, which runs about $2500 per year and is required for all international students.</p>
<p>Momasita:
[Office</a> of the Bursar](<a href=“http://www.bursar.gatech.edu/tuiandfee.php]Office”>http://www.bursar.gatech.edu/tuiandfee.php)
<a href=“http://www.bursar.gatech.edu/student/tuition/Fall09_Spr10/Fall09_Spr10-all_fees.pdf[/url]”>http://www.bursar.gatech.edu/student/tuition/Fall09_Spr10/Fall09_Spr10-all_fees.pdf</a></p>
<p>The tuition for full-time OOS students for the 2009-2010 school year is $12,140/sem. or $24,240/yr. This is less than the $25,680 that was stated on the inside over of the Financial Aid Award Guide that was mailed with all financial aid offers. The $40,190 was, I think, the aid offered to the OP. </p>
<p>OOS Figures are presently stated as follows:
Tuition: $24,280
Fees: $1,436
Estimated Living Expenses:
Housing: $4,840
Meal Plan: $3,320
Estimated Additional Costs:
Books: $1000
Personal Expenses: $1500</p>
<p>Total OOS Cost: $36, 376 (less than the estimated $37,600 listed in the financial aid guide/award offers)</p>