Cost of Private Colleges & Universities

Attending a private college is often seen as being one of the most expensive ways to earn an education. However, the higher cost of private schools is often balanced by smaller class sizes, more individual attention, and more financial aid offerings. Tuition, regardless of your home state, has an average range between $21,000 and $32,000 a year. The higher tuition is based on the fact that private schools receive little to no help at all from local or federal governments.

Due to the fact that private school tuition is often much higher than public school education, there is often slightly more financial aid offered to students opting for a private college or university. This does not mean that there is any change in the amount of money needed to pay for basic living expenses. Of course, these costs can vary greatly according to your living situation and location, but you can typically plan to spend between $10,000 and $20,000 per year.