College Cost Worksheet

Tuition

Tuition costs will vary greatly from college to college and may range from $4,000 to $15,000 a year.

Room & Board

Room & Board may range from $3,000 to $10,000 a year.

Books

Generally the cost of books is influenced heavily by the field of study you are entering. An average student can plan to spend between $300 and $900 a year.

Miscellaneous Supplies & Fees

Basic supplies are going to be necessary such as pens, notebooks, bookbags, lab safety equipment, which probably won't amount to more than $500 a year. Optional items can significantly increase expenses such as computers, scientific calculators or software.

Cost of Living Expenses

Consider how much you will spend on extra-curricular activities, eating out or supplies for your dormitory/apartment.

Travel Expenses

You will most likely incur some travel expenses including airfare, train tickets, auto insurance, and auto maintenance, associated with going to college.

Enter your estimates for these items below. An inflation rate of 4% a year will be used to calculate the costs for your subsequent years.