how much does one college course cost on average

by Kip Purdy 10 min read

The average tuition for 4-years public institutions is $10,440 for in-state and $26,820 for out of state colleges. The average tuition for 4-years private, non-profit, institutions is $36,880. The average overall cost of a Bachelor’s degree per year is $30,500.

College Cost Per Credit Hour. The average cost per credit hour at any public postsecondary institution is $445; the cost per course is $1,336. The average cost per credit hour at any private postsecondary institution is $1,081; the cost per course is $3,242.Sep 4, 2021

Full Answer

What is the average cost of a 4 year college degree?

63 rows · Here, you can see the average in-state and out-of-state tuition by State. Vermont has the highest tuition and fees of $43,316 and Alaska has the lowest tuition & fees of $12,985 over 50 U.S. States and territories for the academic year 2020-2021. For graduate programs, Massachusetts has the highest graduate tuition and fees of $30,626 and Kentucky has the …

How much does an average college cost?

Nov 06, 2014 · Credits per course: .50-1. Cost per course: $4,679. Note: At Trinity, students need 36 course credits to graduate. Therefore, the standard amount of …

How much does 4 years of college cost?

Sep 14, 2020 · For example, the most affordable four-year colleges charge nearly $9,000 per year in tuition and fees while the average cost of a two-year public college hovers around $3,000 per year, reports the NCES.

What is the average tuition of a community college?

Nov 05, 2021 · Out of 132,009 course sales, the average course price is $137. Out of the same cohort, the standard deviation for online course prices, which measures how spread apart the data is from the center, is 167.

How much does a college degree cost?

According to Education data, in the year 2019-2020, in the most general sense, the average total price for a college degree is roughly $122,000.

How much does it cost to attend a private college in 2020?

For 2020, their statistics show that tuition and fees for private colleges on average cost $36,880 for attending a private college, $10,440 for attending an in-state public college, and $26,820 for attending an out-of-state public college.

What are the benefits of having a college degree?

Not to mention the other benefits of holding a college degree such as higher income (high-school degree holders earning only 62% from what bachelor’s degree holders) better health insurance, better job opportunities, better work environment, better retirement plan, etc.

How much does a doctorate cost?

The average Doctoral degree from a public college and university is almost 4 times cheaper than the average Doctoral degree from a private school, with an average cost of $10,830.

Which state has the highest out-of-state tuition?

Opposed to out-of-state tuitions where the states with the highest tuitions are: Vermont with $28,190, followed by Rhode Island with $22,424, and Delaware with $21,604. The lowest out-of-state tuitions are found in New Mexico with an average of $6,918, then followed by Arkansas with $7,743 and North Dakota with $7,904.

How much does a community college cost in 2020?

Generally speaking, the community college cost for 2020, according to Community College Review, is approximately $4,816 yearly for in-state colleges and $8,581 yearly for out-of-state colleges.

How many community college students are part time?

Because 23% of dependent and 47% of independent community college students come from families with income less than 20 000 dollars, it is no surprise that almost 80% of community college students have part-time and 39% full-time jobs to help them get through college.

What is college tuition?

College tuition is what colleges charge for the instruction they provide. Colleges charge tuition by the units that make up an academic year, such as a semester or quarter. Tuition at public colleges is usually lower for in-state residents. Out-of-state students often pay double the tuition as in-state students.

What are the expenses of a college?

Generally, colleges include the following expenses in their COA: 1 tuition and fees 2 room and board 3 books and supplies 4 transportation and personal expenses

How much is college tuition in 2020?

For the 2020-2021 academic year, the average price of tuition and fees came to: $37,650 at private colleges. $10,560 at public colleges (in-state residents)

How much does a textbook cost in 2020?

Cost of Books and School Supplies. The average price of books and school supplies for students at both public and private colleges in 2020-2021 is $1,240. Textbook prices have risen 812 percent since 1978, according to a 2019 report by Follet, an educational products company.

Can you borrow books from the library?

Borrowing books from the library or purchasing digital or used textbooks can reduce your costs, but students still find budgeting for textbooks to be a major source of stress , according to a survey of current and former college students by textbook publisher Cengage.

How much does college cost?

College can cost anywhere from $18,000 to over $50,000 a year depending on where you go to school, if you’re an in-state or out-of-state resident and if you attend a public or private university. Aside from tuition and fees, your school’s cost of attendance usually also includes room and board, books, transportation and other personal expenses.

What is a FAFSA4caster?

The FAFSA4caster gives you an estimate of how much federal aid you might qualify for at a particular school — including grants, loans and work-study — as well as the potential net price. You might want to use both to get a more accurate estimate.

What to do if you don't qualify for federal aid?

If you attend a school that can’t meet 100% of your financial need, you might qualify for a grant from an institution outside of your school.

Who is Anna Serio?

Anna Serio is a trusted lending expert and certified Commercial Loan Officer who's published more than 1,000 articles on Finder to help Americans strengthen their financial literacy. A former editor of a newspaper in Beirut, Anna writes about personal, student, business and car loans. Today, digital publications like Business Insider, CNBC and the Simple Dollar feature her professional commentary, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020.

How much do student loans cost?

Here’s how student loan interest costs break down by school credit type: 1 A two-year public school credit at $135.09 would cost $162 over 10 years ($27 in interest) 2 A four-year public school credit at $324.70 would cost $390 over 10 years ($65 in interest) 3 A four-year private college credit at $1,038.69 would cost $1,248 over 10 years ($209 in interest)

How much money can I save by going to community college?

By earning their first 60 credits at a community college before switching to a four-year private college, a college student could save a whopping $54,659 on average. Plus, by attending a community college first you’ll likely need to take out less federal student loans or private student loans to pay for your education.

Does Citizens Bank require a credit check?

Citizens Bank private student loans are subject to credit qualification, completion of a loan application/Promissory Note, verification of application information, and if applicable, self-certification form, school certification of the loan amount, and student’s enrollment at a Citizens Bank participating school.

Does Student Loan Hero include all lenders?

Student Loan Hero does not include all lenders, savings products, or loan options available in the marketplace.

12. University of Chicago

Note: The University of Chicago uses a quarter system in place of semesters.

9. Dartmouth College

Note: Dartmouth uses a trimester system. A Dartmouth alum explained to Business Insider that students typically take three courses per trimester, which would come out to 36 courses before graduation. Using that number (more courses than technically required to graduate), one course would cost $5,195.

1. Sarah Lawrence College

Note: Courses at Sarah Lawrence last a whole year, not just a semester. This is why students need to take a low number of courses to graduate, and why a single course is so expensive.

How much does a two year college cost?

Two-year colleges generally cost less than four-year colleges. For example, the most affordable four-year colleges charge nearly $9,000 per year in tuition and fees while the average cost of a two-year public college hovers around $3,000 per year, reports the NCES.

What is the first step in paying for college?

For most students, completing the FAFSA is the first step in paying for online college. The FAFSA qualifies students for federal financial aid programs, including grants, loans, and work-study opportunities.

What is the difference between a nonprofit and a for profit college?

Many for-profit schools invest in marketing and recruitment to raise revenues. In contrast, nonprofit colleges invest any profits in meeting their educational goals.

How long does it take to complete the FAFSA?

The FAFSA qualifies students for federal financial aid programs, including grants, loans, and work-study opportunities. Completing the FAFSA takes under an hour.

Do you have to repay a scholarship?

Scholarships help students cover the cost of tuition, fees, and books. Unlike loans, recipients do not need to repay scholarships, making them one of the best forms of financial aid. Many scholarships limit eligibility to students attending an accredited college or university.

How many college students take out loans?

Around 70% of college students take out loans to pay for school. Loans provide money to cover tuition and fees. Borrowers who take out federal or private student loans agree to repay the loan, plus interest. Students can qualify for federal student loans by completing the FAFSA.

Do private colleges offer financial aid?

However, the actual cost of a private college often falls below the reported tuition price since private colleges often offer more financial aid than public colleges. Private universities use their endowments to financially support students through grants, scholarships, fellowships, and assistantships.

The pricing conundrum, solved

Picture this: you’re getting ready to host a garage sale. You start putting your stickers on items, then freeze.

How we sourced online course pricing data

If you’d rather jump straight into the pricing data, you’ll want to skip down to the next section where we talk about the averages we found. But if you’re like us and want to know more about the data, here’s how we handled it.

How to price your online course

If the average price -- $182.59 -- doesn’t have much statistical value for us due to the distribution, where do we go from here?

Making more sales: Promoting your product

No matter how great your course is, you’re not going to see the sales you want if you’re not putting in the work to market your online course.

What is online course development?

Online course development is a complex process, and the price of course creation can vary depending on learning platform, course content, eLearning industry, and other factors. If you want to get a detailed cost analysis research for your eLearning project, pleasefeel free to schedule a demo. Tweet#N# .

How long has Sergiy been in eLearning?

Sergiy has 18 years of experience in eLearning and management. Creating educational programs, career paths, online and offline courses he is making the educational world better as a co-founder of RG.

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Key Findings

  1. The median cost of a credit hour at 4-year nonprofit colleges is $530, assuming a 12-credit-hour course load per semester (24 credit hours annually) and payment of full tuition and fees.
  2. The cost of a credit hour based on average tuition and fees is $1,537 when just looking at 4-year private, nonprofit institutions.
  3. The cost of a credit hour for in-district students considering community or vocational college…
  1. The median cost of a credit hour at 4-year nonprofit colleges is $530, assuming a 12-credit-hour course load per semester (24 credit hours annually) and payment of full tuition and fees.
  2. The cost of a credit hour based on average tuition and fees is $1,537 when just looking at 4-year private, nonprofit institutions.
  3. The cost of a credit hour for in-district students considering community or vocational colleges has the potential to be $0when accounting for grant aid and tax benefits.
  4. The average difference between the out-of-state and in-state cost of a credit hour at the nation’s 50 flagship universities based on tuition and fees is $838.

Differences in Institution Types Greatly Impact Cost

  • Students attending area community colleges or public, in-state schools pay less than half the cost — per credit hour — of their out-of-state and private school counterparts. Based on tuition and fees, the cost of a college credit hour is: 1. $155for students at in-district community and vocational colleges 2. $435for students at 4-year public, in-state colleges 3. $1,118for students …
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Deep Variations Seen in Out-Of-State, In-State Per-Credit-Hour Costs

  • The out-of-state cost of tuition at four-year public colleges is on average three times higher than in-state tuition in: 1. Alaska 2. California 3. Florida 4. Idaho 5. Indiana 6. Montana 7. North Carolina 8. Utah 9. Washington 10. Wyoming When you break down the numbers by the state flagship universities across the U.S., the difference between the average in-state and out-of-state cost of …
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What Students Really End Up Paying Per Credit Hour

  • When you include average grant aid and tax benefits, here’s what you could pay per credit hour at the following types of universities: 1. $0at community and vocational colleges 2. $161at 4-year public colleges 3. $599at 4-year private, nonprofit colleges Full-time students at community and vocational colleges receive enough federal, state and local aid, on average, to cover their tuition …
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Considering The Various Types of Colleges? Here Are Some Tips

  1. Community and vocational collegesare an economical option with the least expensive cost per credit hour. Students could consider taking the first half of their credit hours at a community college t...
  2. 4-year private colleges come at a premium, but grants can be a dominant source of aid. To ensure you’re not missing out on opportunities, complete your Free Application for Federal St…
  1. Community and vocational collegesare an economical option with the least expensive cost per credit hour. Students could consider taking the first half of their credit hours at a community college t...
  2. 4-year private colleges come at a premium, but grants can be a dominant source of aid. To ensure you’re not missing out on opportunities, complete your Free Application for Federal Student Aid(FAFS...
  3. 4-year public, in-state colleges can also offer unique options. You can look into reciprocity agreements like the Western Undergraduate Exchange or the Midwest Student Exchange Program to see if yo...
  4. If you need to take out student loans, first look at federal student loans. These loans, which a…