College is not all about full-tuition

What do you think if you hear full tuition at college? Most students will say the same thing that full tuition at college means that you commit a suicide for your money. Is that severe the financial condition at college?

Yes, the common sense will say that attending college school without financial aid is terrible and completely expensive. But, you should not be dragged out by the public/common sense that there are not any opportunities for you attending college through the back up of financial aids.

The fact is different as we can see huge number of financial aids are available from various sponsors. You can apply for those ones and also get the lower price for your college tuition. The latest statistic by an economist of University of Columbia shows that only one-third of the college students pay full tuition. Here are some analyses from the study.

The most significant factor that contributes the financial problem for the college students is the financial aids. Most of the students at universities in the United States are receiving the financial aids from government grants or other scholarships. The increase number of the financial grants for the students is up to 40 percent since 2005, and also the availability of the tax-based aid that is up to 78 percent. As the result is that most of the students at the undergraduate level receive the financial aid with total averagely $6,500 annually in grant aid and nearly $1,000 in tax-based aid to help defray tuition and fees. 

The financial aids are available for most of the college level education in most of countries across the world. The easiness in getting the scholarships should be considered that this depends on the student’s competence to get the financial aids; but, the aids are available with enough amounts for the students.

At the last, however, we should remember that the highest spending for the college students is not for the full tuition at the college. This is for the living expenses. This is not supposed to be considered as the university policy; this is the real life when everybody needs to eat.