Cost of College

Front

What is the total cost of attending college for 4 years if it costs $43,100 per year?

Back

$172,400

Front

What is a loan?

Back

Money borrowed which must be repaid, usually with interest.

Front

What is the total cost of attending college for 2 years if it costs $5,245 per year?

Back

$10,490

Front

If college costs $19,300 per year and you receive $1,900 in scholarships, what is your estimated cost per year?

Back

$17,400

Front

How do you find the total cost for 4 years if you know the cost per year?

Back

Multiply the cost per year by 4.

Front

What is the average cost of college per year in the U.S.?

Back

Approximately $35,000 (varies by institution).

Front

What is the difference between a scholarship and a loan?

Back

A scholarship is money you do not have to pay back, while a loan must be repaid.

Front

What is the formula to calculate the total cost of college?

Back

Total Cost = Cost per Year x Number of Years.

Front

What are some common expenses included in the cost of college?

Back

Tuition, fees, room and board, books, and supplies.

Front

What is the purpose of financial aid?

Back

To help students pay for college expenses.