You can estimate how much
specific schools will cost and determine if your family
has the funds to afford the expense using our
Online Affordability
Analyzer.
In addition to tuition, you'll need to factor
in various costs such as room and board, transportation,
fees, books, and personal expenses. To get a good picture
of the real cost of college, take time to read about the cost components.
When evaluating a school's affordability, look at your
family's overall financial picture to determine which
costs you can cover. If your family is like most, you'll
need to investigate all the financial aid options offered
at a school. Keep notes on everything you learn and
file them in that school's folder.
If you're thinking about student loans, keep in mind
several factors (besides the amount you borrow) make
up the true cost of education loans. Consider interest
rates, fees, in-school payments, deferments, and government
interest benefits paid on federal subsidized student
loans. It's a good idea to understand your responsibilities
as a borrower, the consequences of excessive debt, and
managing your finances. You can learn more about all
of this in the Financing
section.
back
to top ^ |