How much does the average college student spend on college?
Average Cost of College by State
|State||In-state tuition||Out-of-state tuition|
How much does the average college student spend in a year?
The average cost of in-state tuition alone is $9,580; out-of-state tuition averages $27,437. The average traditional private university student spends a total of $53,949 per academic year, $37,200 of it on tuition and fees.
How much should a college student spend a month?
While the number is dependent on a range of factors, the average amount of spending money for a college student is $2,000 per year or about $200 per month.
What is a reasonable budget for a college student?
|Food (assuming that most meals are eaten on campus)||$3,500- $7,500|
What is a reasonable food budget for a college student?
According to the USDA website, a typical college student will usually spend between $163 and $367 a month on food. This particular website avails different costs based on gender, as well as four distinct meal-plan estimate levels.
How much should a college student spend on groceries per week?
Answer. According to this chart- we’ll assume that most students are on the “low-cost” plan- the average American college students spend on food anywhere between $42-$55 per week. Another survey estimates that the average adult spends between $10-12 per day on food, which comes out to about $70-84 per week.
How much do college students spend on eating out?
How much money do your parents give you in college?
On average, parents contribute almost three-quarters of those funds (34% of the total cost of college), while 13% of the total cost of college is the student’s responsibility. Parental income is the predominant source of money set aside for college, used to pay for more than half of a student’s attendance cost.
How much money should you save before college?
Your college savings goal should be $60,400 for a public, in-state college; $95,600 for a public, out-of-state college; and $118,900 for a private college. If these numbers seem daunting, don’t worry. There are ways to break it down into an achievable monthly contribution.
How much does a college student spend a month on food?
An individual college-aged student will spend approximately $163-$367 monthly according to the Official USDA Food Plans. The USDA website provides different costs for men and women and also provides four levels of estimates: thrifty, low-cost, moderate-cost, and liberal.