6 ms·

Is price significant for public/state universities as well in US?

by zura 12y ago

cdash 12y ago
Yes, you end up paying 20k a year instead of 40k a year.
waterlesscloud 12y ago
It used to be pretty reasonable. When I attended Ga Tech (a state school) a couple decades ago, it was a few thousand a year to cover tuition, books, food, dorms. I can't remember tuition exactly, but I think it was in the neighborhood of $1500-1800 a year. (By comparison, MIT and Harvard were in the neighborhood of $16,000 a year at the time). Then there was a period where Georgia had a lottery-funded scholarship that would cover your tuition fully at state schools if you kept a good GPA. I've heard in recent years that it's slipped due to declining lottery revenues, but I'm not sure. Looking now, I see it's $9,000 a year just for tuition. An estimated $25,000 per year overall. Big increase, though it has been a long time. That's a lot of money for in-state attendance. When I went it wasn't really a burden on most people to cover their kid's cost at Ga state schools. Now I think it really would be.
- caw 12y ago
  The HOPE scholarship used to pay full in-state tuition for full time students. It pays a bit less now, and that started around 2009, though they grandfathered in existing HOPE scholarship students. Program rules: https://www.gacollege411.org/Financial_Aid_Planning/HOPE_Program/Georgia_s_HOPE_Scholarship_Program_Overview.aspx https://www.gacollege411.org/Financial_Aid_Planning/HOPE_Pro... Payouts based on credit hours taken: http://www.gsfc.org/main/publishing/pdf/2012/hope_award_amounts.pdf http://www.gsfc.org/main/publishing/pdf/2012/hope_award_amou... There's still a gap though, because of how GT's tuition works. The cost for under 6 hours is $2,675, and the cost for more than 6 credit hours is $4,501. The highest HOPE payment is $3,390, leaving you to pay roughly $1200 a semester if you take 15 credit hours. If you only take 12 hours (more realistic for GT students, particularly in later years), the state picks up $2,712, leaving you with $1800 a semester to pay for. Of course this is tuition only. There's still mandatory fees of over $1100 (this has increased a lot since I was there, I seem to remember $500 or so) and optional fees, as well as dorms & food plans.
jeffasinger 12y ago
Yes, but Public Universities tend to be much cheaper than the other options. The University I attended charges $6,000 per year in tuition, plus about another $1,000 in fees. Of course, you'd have to pay housing and food costs on top of that, which if you live on campus, ends up being about $10,000 a year, or less if you live off campus.
nilkn 12y ago
It depends heavily on where you go, but large and popular public schools can still be very expensive in the US. Here's an example of the cost breakdown at one such school: http://admissions.missouri.edu/costs-and-aid/costs/index.php http://admissions.missouri.edu/costs-and-aid/costs/index.php Even more popular public schools like UCLA tend to be about $10k/year more: http://www.admissions.ucla.edu/prospect/budget.htm http://www.admissions.ucla.edu/prospect/budget.htm Just to give you an idea of the cost of, say, Harvard... https://college.harvard.edu/financial-aid/how-aid-works/cost-attendance https://college.harvard.edu/financial-aid/how-aid-works/cost... Do note that extremely wealthy private institutions like Harvard tend to be correspondingly generous with financial aid, so the number there is likely not representative of what you'd actually pay unless you came from a very rich family (as a fair number of Harvard students do).
- smeyer 12y ago
  I went to Harvard, but I think it's important to note that the vast majority of private schools don't have the wealth (and corresponding aid) of Harvard and its ilk.

Is price significant for public/state universities as well in US?

by zura 12y ago

Is price significant for public/state universities as well in US?

cdash 12y ago

Yes, you end up paying 20k a year instead of 40k a year.

waterlesscloud 12y ago

It used to be pretty reasonable. When I attended Ga Tech (a state school) a couple decades ago, it was a few thousand a year to cover tuition, books, food, dorms. I can't remember tuition exactly, but I think it was in the neighborhood of $1500-1800 a year. (By comparison, MIT and Harvard were in the neighborhood of $16,000 a year at the time). Then there was a period where Georgia had a lottery-funded scholarship that would cover your tuition fully at state schools if you kept a good GPA. I've heard in recent years that it's slipped due to declining lottery revenues, but I'm not sure. Looking now, I see it's $9,000 a year just for tuition. An estimated $25,000 per year overall. Big increase, though it has been a long time. That's a lot of money for in-state attendance. When I went it wasn't really a burden on most people to cover their kid's cost at Ga state schools. Now I think it really would be.

caw 12y ago
The HOPE scholarship used to pay full in-state tuition for full time students. It pays a bit less now, and that started around 2009, though they grandfathered in existing HOPE scholarship students. Program rules: https://www.gacollege411.org/Financial_Aid_Planning/HOPE_Program/Georgia_s_HOPE_Scholarship_Program_Overview.aspx https://www.gacollege411.org/Financial_Aid_Planning/HOPE_Pro... Payouts based on credit hours taken: http://www.gsfc.org/main/publishing/pdf/2012/hope_award_amounts.pdf http://www.gsfc.org/main/publishing/pdf/2012/hope_award_amou... There's still a gap though, because of how GT's tuition works. The cost for under 6 hours is $2,675, and the cost for more than 6 credit hours is $4,501. The highest HOPE payment is $3,390, leaving you to pay roughly $1200 a semester if you take 15 credit hours. If you only take 12 hours (more realistic for GT students, particularly in later years), the state picks up $2,712, leaving you with $1800 a semester to pay for. Of course this is tuition only. There's still mandatory fees of over $1100 (this has increased a lot since I was there, I seem to remember $500 or so) and optional fees, as well as dorms & food plans.

jeffasinger 12y ago

Yes, but Public Universities tend to be much cheaper than the other options. The University I attended charges $6,000 per year in tuition, plus about another $1,000 in fees. Of course, you'd have to pay housing and food costs on top of that, which if you live on campus, ends up being about $10,000 a year, or less if you live off campus.

nilkn 12y ago

It depends heavily on where you go, but large and popular public schools can still be very expensive in the US. Here's an example of the cost breakdown at one such school: http://admissions.missouri.edu/costs-and-aid/costs/index.php http://admissions.missouri.edu/costs-and-aid/costs/index.php Even more popular public schools like UCLA tend to be about $10k/year more: http://www.admissions.ucla.edu/prospect/budget.htm http://www.admissions.ucla.edu/prospect/budget.htm Just to give you an idea of the cost of, say, Harvard... https://college.harvard.edu/financial-aid/how-aid-works/cost-attendance https://college.harvard.edu/financial-aid/how-aid-works/cost... Do note that extremely wealthy private institutions like Harvard tend to be correspondingly generous with financial aid, so the number there is likely not representative of what you'd actually pay unless you came from a very rich family (as a fair number of Harvard students do).

smeyer 12y ago
I went to Harvard, but I think it's important to note that the vast majority of private schools don't have the wealth (and corresponding aid) of Harvard and its ilk.