Question

1. List two colleges or universities you might want to attend. What are the tuition costs and other fees each school charges?
(5 points)
Score

2. Estimate how much you will spend on your college education, including tuition and fees, room and board, and other possible expenses such as transportation.

(5 points)
Score

3. List some of the financial aid options available to you.

(10 points)
Score

4. Assume that you will take out loans to pay for your college-related expenses. Based on the schools you chose, as well as other possible expenses, calculate how much in loans you will need to borrow. Assuming you get 15-year loans at a 5 percent interest rate, what will the eventual monthly payment be on these loans?

Answer 1

@Angle

Answer 2

I am still not sure why this is posted in Foreign Language...

First, pick two colleges or universities

Answer 3

i picked brooklyn college and charleston college

Answer 4

so the prices are different if you are not living in that state
are you going to consider the prices as a "non-resident" then? aka, not from that state

Answer 5

Here are the links:
http://www.brooklyn.cuny.edu/web/about/offices/bursar/tuition/undergraduate.php
http://finaid.cofc.edu/financial-aid-information/cost-of-attendance/tuition-and-fees/index.php

Answer 6

for # 1 i put: The two colleges that I want attend to is Brooklyn College and Charleston College. The tuition cost for Brooklyn college is $5,225 per semester for full-time and $440 for per credit for part-time. As for Charleston college tuition is cost of attendance in-state is $12,318 out-of-state is $30,706.

Answer 7

is the good?

Answer 8

Other fees include:

For Brooklyn College:
Student Acitivty Fee: 113.40 [basically just for existing]
Technology Fee 62.50 for part time, 125 for full time

For Charleston College:
Technology and Library Fees: 425

Answer 9

put that for #one correct?

Answer 10

yup

Answer 11

ok i did next is two

Answer 12

ok so... things to include:
tuition, fees, room and board, and textbook prices

used textbooks usually cost $60 per class

Answer 13

so just put the price for the items? for both college

Answer 14

yup

Answer 15

it not showing for brooklyn college can u help

Answer 16

i mean charleston

Answer 17

http://finaid.cofc.edu/financial-aid-information/cost-of-attendance/room%20and%20board/index.php

Answer 18

$11389 for room and board

Answer 19

for charleston

Answer 20

for brooklyn i put this:
Brooklyn College:
Readmission: $20 fee due upon registration
Duplicate Diploma: $30
Replacement ID Card: $10
Bad Check: $20 for a check returned by bank as uncollectible
Absentee Exam: $25 plus for each additional examination
Transcript: $7 per copy, waived for transcripts admissions office of other units of the City University.

Answer 21

hmmm readmission only means if you got kicked out and want to come back in, sort of thing
I don't think you're "required" to pay any of those fees

only tuition, technology, student activity, and room and board

Answer 22

thats what they got on there:http://www.brooklyn.cuny.edu/web/about/offices/bursar/tuition/undergraduate.php

Answer 23

yes, but those are optional fees
for example, if you don't ever lose your ID card, then you don't have to pay for a replacement ID card ($10)
If you don't lose the first diploma they give you, you don't have to pay for the "duplicate diploma" ($30)
etc

Answer 24

ok

Answer 25

Next is #3

Answer 26

financial aid?

the general ones are: scholarships and FAFSA

Answer 27

the state might also provide financial aid

also, I think a couple of states like new york added that any household making less than some amount gets to go to college for free

Answer 28

So how to word number three?

Answer 29

The financial aid options I have available to me includes scholarships and FAFSA.

Answer 30

because I'm not going to make assumptions on your household income

Answer 31

houshold income is like $25,000

Answer 32

eh it's just the scholarship and FAFSA then

the state-related stuff is that you need to be a resident
https://www.ny.gov/programs/tuition-free-degree-program-excelsior-scholarship

Answer 33

ok i did number three explain to me what number four is trying to say?

Answer 34

Add up the total cost of everything
tuition + fees + room and board + textbooks = how much you need to borrow

the I think how much you pay monthly is...
^ that number
divided by 15 years, multiply by 1.05 for the interest, then divide by 12 months in a year

Answer 35

ok how should i write this?

Answer 36

we you do the math for it first. then say "I would need to borrow $______ in loans. For a 15 year loan at 5 percent interest, I would need to pay $_____ a month."

Answer 37

like i need 5,000 loan and need topay 350 a month."Correct?"

Answer 38

yup

Answer 39

ok and thats it or i have to put more down?

Answer 40

You could put down some math, but that's about it

Answer 41

Thanks @Angle you really helpful:)