You know that college is expensive!

The cost of attendance for college increases each year. Everyone should consider higher education. But, what exactly are the fees and cost associated with college? How can you cut costs?

Tuition: This is the cost of the academic portion of college. Tuition usually helps keep the lights on in the academic buildings and pays salaries. You can usually cut the cost of tuition by attending a public school or a community college for the first two years and transfer to a four year college. You can also find ways of cutting the amount of time you stay in college. For example, you can take Advanced Placement classes in high school, which may give you credit for certain classes in college.

Fees: These are the costs associated with registration for class. In addition, a college may charge you a fee for college sponsored activities. Let’s say the college decides to organize a line dance or costume party. The money to organize and implement this program will come from fees tacked onto your bill.

Room and Board: This is the cost of your tiny dorm room that you will share with four people and the marginal food you will be forced to eat. You can cut these costs by living at home with your parents. You can also get a roommate. If you have a kitchen, you can also cook a portion of your meals and downgrade your meal plan. In addition, your parents can investigate purchasing property in the town where you attend college. This way, instead of paying high rent for a dorm room or apartment, you can pay down a mortgage.

Health/Dental Insurance: You will need health insurance. You will get sick and need preventative care. Check to see if the school offers health insurance. Many health plans allow students to stay on their parent’s health plans until age 25 years old.

Books: The cost of books depends on how many and what type of classes you take. You can cut costs by buying books off the web or buying used books.

Extra expenses: These costs can fluctuate based on where you attend college. There is a cost associated with partying and other forms of entertainment. Also you may need to buy clothes, want to join a sorority or fraternity or travel abroad. You can cut down many of these expenses by not engaging in expensive activities.