This document discusses strategies for paying for college. It notes that college costs have increased significantly in the past 20 years and outlines various college expenses. It then distinguishes between community colleges, public 4-year institutions, private institutions, and for-profit schools. Community colleges are the most affordable option, while private institutions tend to be the most expensive. The document stresses applying for financial aid and understanding the differences between grants, scholarships, and loans.

1. Preparing to Pay for College
Presented by: Ms. Karner and Ms. Sligh
Presented to: Upward Bound
Date: (Arial 18 pt.)

2. 2
The Scary Truth
• According to National Center for Educational Statistics the Cost of
College has increased on average 15,000 dollars in the past twenty
years.
• There are many different parts to college cost
• Tuition
• Fees
• Room and Board
• Books
• Transportation
• Personal expenses
• Student Loan Debt is more than 1 trillion dollars throughout the US.

3. 3
The Differences
• Every college has a cost, it is important to pay attention to the
different costs of colleges, and make the best decision for the
student.
• Make sure to consider all options before you even apply to
college, and you are applying to colleges that best suit you in all
areas.
• Financially- Make sure you have schools that are financially a
match for you. If there is no way you could ever pay for a school
without scholarship, be realistically about it.
• Academically- Make sure you are applying to schools that are a
match for you, and that you have ability to get into. Be realistic
about your goals. Discuss, match, reach, and safety possibilities
• Location- Make sure to be applying to schools in a location you
are interested in, and is doable for you. Know that if you go
3,000 miles away it will not be easy to get home!

4. 4
Community Colleges
• Community colleges are 2-year public institutions
• These schools allow students to obtain an Associate’s Degree
• On average the cost of attending a community college is 5,000
dollars a year in Massachusetts.
• If you receive a Pell Grant this will almost cover the cost of
community college
• In Massachusetts, if you graduate from a community college with
over a 3.0 GPA you will receive tuition from a public institution of
higher education.

5. 5
Public 4-Year Colleges or Universities
• Public 4-Year colleges offer a Bachelor’s Degree to students
• They generally offer in-state and out of state rates for attendance
• In Massachusetts the following institutions are examples of
institutions that are public 4-year institutions offering an in-state
tuition rate
• UMASS Dartmouth
• UMASS Amherst
• UMASS Boston
• UMASS Lowell
• Bridgewater State University
• Framingham State University
• Fitchburg State University
• Salem State University
• Westfield State University

6. 6
Private Institutions
• Private four year institutions are often the most expensive of the
institutions across the country
• Massachusetts/Boston is the most highly populated area for
colleges
• Because of this there are a lot more choices, specifically in the
private sector
• Be sure when applying to these schools that they offer the program
that you want and good financial aid packages

7. 7
For Profit Institutions
• At this time there are for-profit institutions of higher education
• It is important to be aware of these because they run like a
business, and are looking to make money
• They are adverse to the regular method of education, because they
do not look to make money
• There are share holders from these institutions
• They are not all accredited, so make sure to check
• Some examples of For-Profit Institutions: University of Phoenix, ITT
Technical Institute, Full Sail University, Daniel Webster College

8. 8
Financial Aid
• Every student should apply for aid
• Make sure you know what type of aid you are getting
• A grant or a scholarship are money that you do not have to pay
back, it is given to you.
• A loan is money that you have to pay back to the lender, generally
the federal government, with interest at some point

9. Divider Page Title (Arial Italic 24 pt.)