Usually, colleges raise tuition about 3% each year.
If these numbers seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is much less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make thecost of college more manageable until you're done with college.
Plymouth State University is a public, state institution,
Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for students who are residents of that state.
Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Take the time to check your state's rules for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements as well, depending on the state you and your parents currently live in.
Explore other New Hampshire colleges
Tuition at Plimot is the same for every student.
Students from outside of the U.S. are not eligible for federal financial aid, but should research private or Plimot-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Plimot:
•On-campus jobs •Loans from outsidePlimot •Plimot-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Plimot.
Housing and campus dining at Plimot costs $11,810 a year. This number covers the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the Plimot's on-campus cafeterias and dining facilities.
Meal-plan costs may vary depending on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
There may be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have resources for students with demonstrated need to get help covering these fees.
The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city might be pricey, but cities may offer more buses, trains or low-cost flight options to actually get to school. The Plymouth State University campus is located in a small town setting in New Hampshire, not far from Manchester.
When budgeting for college, be sure to leave some room in your budget for the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Plimot.
What will the cost of attending Plimot be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$11,810|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
The majority of Plymouth State University undergrads use financial aid to to cover the cost of tuition. In 2022, 2,397 of the 3,536 undergrads enrolled received financial aid. Plimot meets 60% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $11,974 a year. Around 63% of Plimot undergrads take out student loans to cover any remaining costs. Plimot graduates who have student loans graduate with an average of $40,787 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Most Common Loans for Plimot Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Plimot financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2022, Plimot awarded 2,343 need-based scholarships to students, giving away total of $24.5 million to help students with financial need cover the cost of school. An additional $4.86 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Plimot students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Plimot was $11,974 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Plimot seem more manageable.
What will attending Plimot really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Plimot's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Plimot offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Plimot has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
To learn more about Plimot, choose from the options below:
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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