Two or Four-Year College
Middle School
Financial Literacy #4
Pre-Test
1. What is the average annual tuition cost
at a two-year college?
2. What is the average annual cost at a
private four-year college?
3. What percentage of undergraduate
students attends a community or
technical college?
Objectives
• Review College Expenses & Financial Aid Info
• Compare costs of four and two-year colleges
• Explore 2 or 4-year colleges
– That have programs for your majors of interest
• Add colleges to your list on Naviance and
update Postsecondary Plan
– If you find good choices
2 or 4-Year College Video
• Write down the advantages of a 2 and 4-year
postsecondary institution
College Expenses
• Most students can find ways to pay for their
college education by combining
• Grants
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Scholarships
Work Study (average: $3,700 per year)
Parent contributions
Loans
2-year colleges
Other sources
Cost of a Bachelor’s Degree
• In many cases, it is financially manageable
• For students to attend 4-year colleges and
universities
• However, some students choose
• 2 year colleges for financial reasons
• 40% of undergraduate students attend
• 2 year colleges
Average Tuition and Fees
• Two-Year College
• Tuition and Fees: $2,693 per year
• Public Four-Year College (in-state)
• Tuition and Fees: $8,244 per year
• Public Four-Year College (out-of-state)
• Tuition and Fees: $20,770 per year
• Private Four-Year College
• Tuition and Fees: $28,500 per year
source: College Board
College Costs Facts
• Many states have reciprocity with neighboring states
– Reciprocity: Pay in-state tuition in other states
– Minnesota: Wisconsin, North and South Dakota
• Many private colleges have good financial packages
– Some students pay less to attend private colleges
• More students are attending 2-year colleges first for
financial reasons
• If you do well in school, you will most likely pay less
for college
– With more scholarships and other financial aid
Explore Careers: Accountants
Accounting: College Lookup
Atlantic Cape Community College
Atlantic Cape Community College
Tuition and Fees
Colleges I am Thinking About
Update Postsecondary Plan
Update Postsecondary Plan
Explore Colleges and Universities
1. Explore colleges & universities for careers of interest
•
Refer to the “Minnesota List of Colleges and
Universities”
Using Naviance and college websites
Find the costs for those colleges
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2. Add colleges & universities to your
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Naviance: Colleges I am Thinking About list
Postsecondary Plan
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If you find good choices
Pair and Share
1. What colleges and universities did you add to
your list on Naviance and the Postsecondary
Plan?
2. How much is the tuition for that college or
university?
Post-Test
1. What is the average annual tuition cost
at a two-year college?
2. What is the average annual cost at a
private four-year college?
3. What percentage of undergraduate
students attends a community or
technical college?
Review
1.
Average annual tuition at a two-year college
– $2,693
2. Average annual tuition at a private fouryear college
– $28,500
3. Percentage of undergraduate students that
attend a community or technical college
– 40%