The four years following high school look different for all of us. Some decide to enlist in the military, while others pursue a trade of their choice. For many, college is the preferred option.
There are many factors involved in selecting the right university. Does it offer the major I want? What are the class sizes? What type of environment does the campus offer? Soaring to the top of your question list is, undoubtedly, how much will it cost?
If the college or university on your radar is out-of-state, here are 3 facts you need to know before you submit an application:
1. Out-of-State Students Receive Less Financial Aid at Some Public Universities
In-state tuition is cheaper than out-of-state for the purpose of boosting the state’s economy. The hope is for college students to attend, graduate, and find a job in the state of their university so their skills can be applied there. Click here for a list of universities that provide full financial need.
Out-of-state tuition simply makes a school’s budget work out. In addition, other factors force schools in some states, such as California, to raise out-of-state tuitions fees due to an increased population. Still, out-of-state tuition is a lot higher than in-state.
For example, The University of Texas at Austin, a public university, charges $9,788 in tuition for state residents and $34,722 for out-of-state students. The University of California, Santa Barbara has an in-state tuition of $12,192 and an out-of-state fee of $34,213.
Public schools don’t offer enough financial aid to make it reasonable for out-of-state students.
2. High Ranking Out-of-State Students Could Qualify for Reduced Costs
If you’re an out-of-state student looking for in-state cost at the distant school of your choice, shoot for a high GPA and excellent test scores. To increase your chances of receiving merit aid, you really need to stand out among the rest.
Search for scholarship requirements at your desired college here.
3. Exchange Programs Provide Lower Costs for Out-of-State Students
Certain colleges and universities participate in tuition reciprocity programs, which grant lower tuition rates to prospective students from nearby states or from specific regions of the U.S. Note that specific requirements must be satisfied in order to qualify and there are limitations that you should be aware of before selecting one of this colleges or universities.