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Types of Costs
Here we talk about the types of college costs you'll
be responsible for. Knowing about them ahead of time will
help you make a plan to cover them. In the next section,
you'll read how financial aid, scholarships, and work-study
programs will help you pay for college costs. Saving your
money and sticking with your spending plan will help
you pay for your personal expenses while you're
in college.
Tuition and Fees
This is what you pay a school to take classes. Tuition is used by schools to
pay for things like teachers’ salaries, computer systems, and libraries.
Fees are used to pay for expenses associated with registering
for classes. Also, some classes have extra charges, such as a lab fee for a
science
class. |
Room and Board
This is what you pay a school to live on campus and get your meals.
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Personal Expenses
Chances are that you’ll begin paying for your many of your own living
expenses by the time you get to college. Even if you live at home with your
parents, you may still have to pay for transportation to and from school, eating
out, and other living expenses, such as a monthly
cell phone bill. |
Books and Supplies
You pay for your own text books, notebooks, and folders. |
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