4 answers
Bella
Student
Commodore, Pennsylvania
3
Questions
Asked
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How much more expensive are out-of-state colleges than in-state?
Don't want a lot of loans.
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4 answers
Paul Goetzinger MPA
Academic and Career Consultant and Freelance Writer
751
Answers
Seattle, Washington
Updated
Paul’s Answer
The data, that I have seen, indicates that on average, out of state tuition will be over double that of the in state tuition.
So, if you pay around $10,000 per year, for an in state college, you can expect to pay more than $20,000 for the out of state college.
So, getting loans will mean paying a lot more back, for the out of state college, when your education is completed.
So, if you pay around $10,000 per year, for an in state college, you can expect to pay more than $20,000 for the out of state college.
So, getting loans will mean paying a lot more back, for the out of state college, when your education is completed.
Rafael Diaz Montelongo
Consultant
235
Answers
Raleigh, North Carolina
Updated
Rafael’s Answer
Out-of-state colleges are generally more expensive than in-state colleges. If you're worried about taking on a lot of loans, attending an in-state college can be a more affordable option. In-state tuition rates are usually lower because they're subsidized by the state. Look into scholarships, grants, and work-study programs to help with costs. Consider factors like program quality and fit when making your decision. Talk to college's financial aid office for more info on funding options. Remember, the cost of education should never deter you from pursuing your dreams!
Michelle M.
Entertainment Industry
1915
Answers
Updated
Michelle’s Answer
Hello, Bella !
I would be happy to give you some advice. I went to college out of state. The basis for the tuition being higher for out of state students is because most of the time, one must live in that state for at least one year and than you'd be considered in-state and have the regular tuition. You can move to the state and wait a year or just take and pay for one course till you are there for 12 months. But always check with the particular college about their current residency requirements,
You don't have to take out loans, either. There are a few options. Loan Refusal, Loan Free Colleges and a 529 College Savings Program which your parents could obtain for you. The 529 can be used for tuition or loan repayment.
I have left a link for information about No Loan Colleges that you can look into because each no loan college helps students differently. You can always call the college to see if the college of your choice is a no loan college if the college isn't listed at one of the links in the websites below. You can find out exact information by visiting the financial aid office on campus and speaking with an authorized financial aid officer there for exact information and then updating that information closer to the time before you enroll and apply for financial aid.
Loan Refusal is another way. When you apply for financial aid, you get the assistance through grants, Work Study and Loans. There are boxes you can check off on the FA application to indicate what types of aid you will accept/want. Just don't check the Loan box. If you get awarded a loan anyway even if you didn't request one, that would be something that you would also speak with the financial aid officer about to get the exact procedure for this. Each college has their own process for loan refusal.
The people at your local bank would be able to help your parents set up a 529 College Savings Program account to be used for your college tuition. If you do get a 529 it may affect your eligibility for financial aid until the 529 is spent. But this is a way to avoid loans and you can make up the difference by applying for scholarships.
So going to college doesn't automatically come with student loan debt. There is a lot to look into to avoid owing money after graduation, but it can really ease your mind to choose alternatives. I have left a couple of links below for you to discover information about scholarships that you can apply for.
I hope that this was helpful and I wish you all the best !
NO LOAN COLLEGES https://www.lendingtree.com/student/colleges-no-student-loans-policy/
NO LOAN COLLEGES https://thescholarshipsystem.com/blog-for-students-families/a-complete-list-of-no-loan-colleges-and-what-it-means-to-your-student/
HOW TO DECLINE A STUDENT LOAN https://joinjuno.com/financial-literacy/student-loans/when-to-decline-a-student-loan-5-tips
529 COLLEGE SAVINGS PLAN https://www.sec.gov/about/reports-publications/investor-publications/introduction-529-plans
ABOUT SCHOLARSHIPS https://studentaid.gov/understand-aid/types/scholarships SCHOLARSHIPS IN PENNSYLVANIA https://www.scholarships.com/financial-aid/college-scholarships/scholarships-by-state/pennsylvania-scholarships/
I would be happy to give you some advice. I went to college out of state. The basis for the tuition being higher for out of state students is because most of the time, one must live in that state for at least one year and than you'd be considered in-state and have the regular tuition. You can move to the state and wait a year or just take and pay for one course till you are there for 12 months. But always check with the particular college about their current residency requirements,
You don't have to take out loans, either. There are a few options. Loan Refusal, Loan Free Colleges and a 529 College Savings Program which your parents could obtain for you. The 529 can be used for tuition or loan repayment.
I have left a link for information about No Loan Colleges that you can look into because each no loan college helps students differently. You can always call the college to see if the college of your choice is a no loan college if the college isn't listed at one of the links in the websites below. You can find out exact information by visiting the financial aid office on campus and speaking with an authorized financial aid officer there for exact information and then updating that information closer to the time before you enroll and apply for financial aid.
Loan Refusal is another way. When you apply for financial aid, you get the assistance through grants, Work Study and Loans. There are boxes you can check off on the FA application to indicate what types of aid you will accept/want. Just don't check the Loan box. If you get awarded a loan anyway even if you didn't request one, that would be something that you would also speak with the financial aid officer about to get the exact procedure for this. Each college has their own process for loan refusal.
The people at your local bank would be able to help your parents set up a 529 College Savings Program account to be used for your college tuition. If you do get a 529 it may affect your eligibility for financial aid until the 529 is spent. But this is a way to avoid loans and you can make up the difference by applying for scholarships.
So going to college doesn't automatically come with student loan debt. There is a lot to look into to avoid owing money after graduation, but it can really ease your mind to choose alternatives. I have left a couple of links below for you to discover information about scholarships that you can apply for.
I hope that this was helpful and I wish you all the best !
Michelle recommends the following next steps:
Summer Johnson
Financial Analyst
3
Answers
Houston, Texas
Updated
Summer’s Answer
Hey Bella,
In a lot of cases out of state tuition is more expensive than in state tuition. However, there are MANY colleges that offer "in state" tuition even though you are an out of state student and may end up costing less than what you would pay at a college in state.
For example, I went to the University of Arkansas but I am from Texas. The UofA has an exception where if you can from any state that touches arkansas, plus georgia, you automatically get reduced tuition and have no out of state fees. Even before my scholarships applied to my account, I was paying less than all of my friends who stayed in state and went to schools like Texas A&M, UT- Austin, Univ of Houston, and etc.
I have attached a link that shows a list of colleges that provide no out of state tuition fees and gives some resources on how to look at other ways to pay for school before applying for a loan.
P.S. NEVER forget to fill out your fafsa, even if you think you will not receive any money!!!
https://www.collegeranker.com/best-colleges-with-no-out-of-state-tuition/
In a lot of cases out of state tuition is more expensive than in state tuition. However, there are MANY colleges that offer "in state" tuition even though you are an out of state student and may end up costing less than what you would pay at a college in state.
For example, I went to the University of Arkansas but I am from Texas. The UofA has an exception where if you can from any state that touches arkansas, plus georgia, you automatically get reduced tuition and have no out of state fees. Even before my scholarships applied to my account, I was paying less than all of my friends who stayed in state and went to schools like Texas A&M, UT- Austin, Univ of Houston, and etc.
I have attached a link that shows a list of colleges that provide no out of state tuition fees and gives some resources on how to look at other ways to pay for school before applying for a loan.
P.S. NEVER forget to fill out your fafsa, even if you think you will not receive any money!!!
https://www.collegeranker.com/best-colleges-with-no-out-of-state-tuition/