As college acceptances and financial aid award letters start rolling in for high school seniors, families are beginning to count the cost of these postsecondary options. The cost of attendance for each college includes four main types of expenses. Understanding these types of expenses, some direct and some indirect, will help families decide whether a college is a financial fit and find ways to cut costs. And find more information on college costs, financial aid, FAFSA and more in our Financial Aid Basics for Counselors guide.
