How can a student compare the costs of different schools?

A student should ask each institution the cost of attendance to attend and comapre that amount to each college of choice.

It is important when comparing costs to use a consistent measure. It is also important to compare costs and financial aid equitably. The best way is to create a chart or spreadsheet with the cost of attendance categories listed above. This will ensure equitable cost comparison. It is also important to ask the schools what their average indebtedness is for their graduates and take that into consideration as you factor in any possible financial aid that may help the student pay for their education. Remember that the true cost is when all gift aid and self-help are taken into consideration. An excellent resource to help in this process are planning and budgeting calculator found at collegeplanning.nelnet.net.

Written by Don Black and Tami Trover -
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