Studying in private colleges is logically expensive. That is why many students are instantly and easily turned off by the idea of attending a private university. In annual survey conducted by the University of California—Los Angeles, about 43% of incoming freshmen students revealed that they considered cost when they chose which college to attend. This is logical as many of those intend to work while studying while others are conscious about how difficult it is for their parents to shoulder education expenses.
The cost of studying in a public university may pale in comparison to the cost of attending a private school. In an annual survey conducted by US News, the average tuition in private schools in the school year 2012 to 2013 stands at around $28,900. In contrast, the average cost in an in-state university is about $8,100 while in an out-of-state college, it is around $18,900.
However, there are always exceptions to the rules. Not all private colleges are unreasonably expensive. US News has released its findings of a study, which aimed to determine the least costly of all private schools in the US. Here are the top two least costly private colleges and universities in the country.
The Kentucky-based private liberal school has the lowest combined tuition and other fees to date. For the school year 2012 to 2013, each student only spent $980. The amount is smaller compared to the costs of studying in most other private and even public colleges.
Interestingly, all of Berea College’s students work in the school to obtain tuition subsidies. There are students who even receive further financial assistance to cover fees for enrolment.
This college was founded in 1855. It is now in history for being the first college in all of Southern US to be racially integrated and coeducational. It is estimated that without the subsidies extended to its students, total cost of studying in the institution is about $25,500 per school year.
Brigham Young University—Provo
To study in this Utah-based private university, a student needs to spend $4,710 per school year. The amount is around $24,000 smaller than the average cost of private school education. It is even smaller by around $3,500 compared to the average of tuition fees at in-state public universities.
As a Mormon university, students who belong to the Church of Jesus Christ of Latter-day Saints are given significant discounts. Non-Mormon students are required to shoulder an average tuition fee of about $9,500. It is still drastically below national average.
Image by Werner Kunz