Have you ever thought about the short-term and long-term costs and benefits of your college education?
We think about it all the time! Short-terms costs are those that typically come to mind such as tuition and food and housing. Long-term costs are what economists refer to as “opportunity costs” or costs associated with choosing one course of action over another. For example, the average Grove City College graduate earns more than 88% of college graduates in the marketplace today and pays off student loans three years early. Grove City College students also graduate on time at a much higher rate than students from most of our competitor colleges and, therefore, begin earning impressive salaries earlier.
Keep in mind your college degree is an investment with a lifetime payout and you want to get the most out of it. Missing the opportunity to attend Grove City College may cost you tens to hundreds of thousands of dollars over the life of your career. Long-term (missed) opportunity costs can make a college education much more expensive than anticipated if only short-term costs are considered when making a college decision.
The total cost of tuition at Grove City College is $20,890 per year ($10,445 per semester), and the total cost of food and housing is $11,770 per year ($5,885 per semester). At Grove City College you can receive a top-tier education at an affordable price – see how we price differently.
An added benefit to keep in mind is our no-fee technology package, which is included in our tuition cost. All Grove City College students receive a laptop (theirs to keep upon graduation) and free tech support services, unlike most schools which charge a technology fee and require students to purchase a laptop on their own.
You may want to consider lowering your up-front, out-of-pocket costs by applying for student loans and state grants.
Footnotes
(1) 65% of students in our recent freshman class received scholarship assistance from Grove City College. Within that total, 43% of students received need-based aid ranging from $100-$13,800 (to get a better picture of your projected cost after need-based aid, fill out the Net Price Calculator). 21% of students received merit-based aid ranging from $500 to full scholarship. (2) We encourage you to seriously apply for outside scholarships – 187 students in our recent freshman class brought in an average of over $4,600 each in outside scholarships, which were added to their Grove City College institutional aid. (3) We encourage you to apply for financial aid and scholarships because your results may vary. (4) We encourage you to visit campus and schedule an interview with an admissions counselor who will guide you and potentially become your advocate for scholarship awards.