Thursday, 7 July 2011

Most Affordable Colleges in America

For the first time ever, the government is ranking American colleges and universities by affordability.
Using a new interactive tool launched by the Department of Education, students and parents can search public and private colleges by not only their published tuition prices, but also by their "net price" -- the average costs after tuition, room and board, book fees and financial aid are all taken into consideration.
The tool, called the College Affordability and Transparency Center, was mandated by education reforms passed by Congress in 2008, and is meant to reveal the true costs of going to college.
Each individual college self reports its data and has had several opportunities to revise their numbers if needed.
 
Here are the 10 cheapest schools, ranked by net price for the 2008-2009 academic year -- the most recent data available. We included only colleges in the 50 U.S. states with undergraduate enrollments of 5,000 or more.


Courtesy: South Texas College
South Texas College
Net price: $1,317
Tuition: $2,366*
Undergrad enrollment: 26,338
Freshmen with financial aid: 86%
Location: McAllen, Texas






Courtesy: University of Texas-Pan American
University of Texas-Pan American
Net price: $1,646
Tuition: $4,304*
Undergrad enrollment: 18,337
Freshmen with financial aid: 87%
Location: Edinburg, Texas







Courtesy: Indian River State College
Indian River State College
Net price: $2,138
Tuition: $1,983*
Undergrad enrollment: 17,110
Freshmen with financial aid: 66%
Location: Fort Pierce, Fla.






Courtesy: California State University-LA
California State University-Los Angeles
Net price: $3,263
Tuition: $3,658*
Undergrad enrollment: 20,619
Freshmen with financial aid: 77%
Location: Los Angeles, Calif.






Courtesy: Palm Beach State College
Palm Beach State College
Net price: $3,490
Tuition: $1,820*
Undergrad enrollment: 28,017
Freshmen with financial aid: 56%
Location: Lake Worth, Fla.






Courtesy: Lehman College
CUNY Lehman College
Net price: $4,335
Tuition: $4,340*
Undergrad enrollment: 12,195
Freshmen with financial aid: 90%
Location: Bronx, N.Y.

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