We present the estimated additional savings needed based on two scenarios- sticker price and net price. The sticker price assumes that the student does not receive any financial aid and the net price assumes that the student receives the average annual financial aid associated with the type of institution selected.
• Sticker Price: $12,320/yr for Community College, $21,370/yr for Public In State, $37,430/yr for Public Out of State, and $48,510/yr for Private. Data is based on the College Board Annual Survey of Colleges.
• Average Financial Aid: $4,050/yr for Community College, $6,490/yr for Public In State, $7,990/yr for Public Out of State, and $21,220/yr for Private. Data is based on the College Board Annual Survey of Colleges.
• Net Price: $8,270/yr for Community College, $14,880/yr for Public In State, $29,440/yr for Public Out of State, and $27,290/yr for Private.
• Years of Attendance: 2 years for Community College and 4 years for all other types.
• Inflation: 5% for Community College, 4.8% for Public In State, 4.8% for Public Out of State, and 5.1% for Private. Data is based on the College Board Annual Survey of Colleges.