You know that the cost of college tuition is high. Perhaps you have been preparing for years to be able to help finance your student’s education. As your student progressed through the admissions process, you may have discovered some additional costs that you hadn’t anticipated: application fees, SAT prep courses, and the costs of visiting numerous campuses to find just the right one.
Now that your student has been accepted and is about to head off to school, you’ve received your first tuition bill. The bottom line on the statement may have shocked you, but at least, you thought, you knew what was ahead. However, there are often additional costs that may take parents and students by surprise.
Most parents and students know that there will be some initial costs as they prepare for that first year of college. There will be dorm furnishings, and perhaps additional funds for food and gas (if your student is taking a car to school), clothing and supplies throughout the year. However, there may be some unexpected or hidden costs. These will vary by school, of course, but here are a few to think about and possibly anticipate.