Cost of College

The University of North Texas

Location: Denton, near Downtown Dallas (11 Miles away)

College Info

Part One

• Cost for 15 hours (1st semester)=$6,088
• Cost for 15 hours (2nd semester)= $6,088
• Total of Extra Fees for the year=$2,000

Untitled Slide

• Room and Board (1st semester)=$5,054
• Room and Board (2nd semester)= $5,054
• Meal Plan (1st semester)=1,477.61

Untitled Slide

• Meal Plan (2nd semester)= 1,477.61
• Total Cost for Freshman Year=$27,239.22
• Total cost for 4 years=108,956.88

Why did you choose this college?

I chose this college since my older sister went to/ graduated from UNT. It also seemed to be more affordable compared to other schools (Baylor, ect.).

Are you surprised by the cost of the college? Explain why.

Yes, because I didn't think something that's basically needed to survive (education) would be so expensive. Instead, I think it should be a bit more affordable for unemployed families.

Saving up for College

I need $12,142 per semester

I would:

• Be attending a collage that currently costs 17,239 anually
• Has 5 years until college
• Will be attending college for 4 years

I also:

• Wish to save enough to cover %100 of the cost ($135,317)
• Have no money in a savings account
• Wish to make monthly contributions, expects college costs to increase by %4 each year
• Expects to earn %6 after-tax each year in my college savings plan

If my goal is to cover %100 of the $135,317 projected cost of college, I would need to start making monthly contributions of $1,414 to meet the goal.

What else could I do to help pay for college?

• Earn Scholarships
• Create a savings plan
• Start saving now
• Get a job when possible

Additional Monthly Exspenses

Hygeine

• Toiletries: Cost=$20, paid twice per month, 1 month cost= $40, 10 month cost=$400
• Shampoo+Conditioner (same price): Cost=$4, paid twice per month, 1 month cost= $8, 10 month cost= $80
• Body Wash=$6, paid twice per month, 1 month cost=$12, 10 month cost= $120
• Razors=$4, paid once per month, one month=$4, 10 month= $40

Clothing/Laundry

• Clothing: Cost=$50 , paid every 3 months, 1 month= $50, 10 months=$150
• Soap Detergent: Cost=$10, paid twice per month, 1 month=$20, 10 months= $200
• Washing Machine: Cost=$1.50, Paid 3 times per month, 1 month=$4.50, 10 months=$45
• Dryer: Cost= $1, paid 3 times per month, 1 month= $3, 10 months=$30

(Monthly) Entertainment

• Cell Phone plan: Cost=$25, paid once per month, 1 month=$25, 10 months=$250

Total cost per month: $174.50

One Time Purchases

Appliances

• Dorm Sized Fridge= $104.76
• Microwave= $59.40
• Television= $162

Linens

• Sheets (twin size)(2)= $28,08
• Towels (4)= $25.92
• Comforter=$69.12
• Pillow(2)=$27.04

Decorating

• Trash Can= $10.80
• Desk Lamps (2)=$32.40
• Hangers (2 packs)=$38.88

School Supplies

• Computer (laptop)=$756
• Spirals (4)=$21.60
• Pens/Pencils(3 packs)=$9.72

Total cost: $1345.71

Grand Total

Total cost for Freshmen year: $27,239.22
Total Cost for 4 years: $108,956.88
Total cost for one time purchases: $1,345.72

Total cost for all expenses for first year of college: $30,678.94

Total cost for 4 years of expenses: $118,678.60

Thank you for listening!