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College Prep Calculator
Forecasting College Costs
There are two types of college costs for which you will need to plan:
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Direct costs - charges established by the college and therefore fixed: tuition, room and board (on-campus student housing and meals).
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Indirect costs - expenses controlled to some degree by the student: personal expenses, books and transportation. Your college may be able to give you some guidelines on typical indirect expenses at their campus
Estimate your expenses for one year
You can plan for college expenses using the 1999-2000 College Board average costs as a guideline: $10,458 for a public college and $22,533 for a private college or university. (These averages include both direct and indirect costs.)
Or you can request expense lists from colleges that interest you and adjust them for anticipated transportation and personal expenses. |
