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FCS Newsletter - The Real Cost of College
FCS Newsletter November 13, 2008
Next Drawing Date: Nov. 14, 2008

Hello FCS Subscriber! It's a busy time - with Halloween, the election and Thanksgiving in a few weeks. And most importantly, FCS will be holding their Fall drawing on November 14th! If you've signed up in the last week, great - there's nothing more for you to do. But if not, be sure to sign up again to improve your chances.

Click Here to Register

In the United States, many students don't consider college an option because of the price tag. But with online schools and community colleges, its becoming easier than ever to be the first from your family to get a degree.
If you've been reading recent newsletters, you've learned some of the different ways to pay for school. But many parents and students don't have a good idea exactly how much a college degree will cost. We'll explore that in this week's newsletter.

Four Year Colleges
Many high school students dream of going away to a four year college and getting a degree from a reputable school. This can be the most expensive option. Here are some estimates for campus schools:

Annual Tuition
* Ivy League college - $35,374
* Private college - $27,677
* Public college - $12,841
* Community College - $4,552

In a recent newsletter we discussed grants. Most students can receive some kind of grant from the government. This can drop the price of tuition at a private university up to 25%. There is more funding for community colleges, so with grants you could be spending only $2,532 a year on tuition - almost a $2,000 off the total price.

Scholarships4Moms - Are you a mother who'd like a scholarship for school? Even if you're not you can register for this scholarship and give it to your mom! Hurry, the drawing ends Friday at midnight!
Register for the 10k Scholarships4Moms Drawing

The Costs of College
US News recently reported on the hidden costs of college:

Direct Costs
* Tuition - the cost of classes
* Fees - gym, health clinic, lab, library, technology etc.
* Room - or rent
* Board - or food

Indirect Costs
* Books and Computer -Textbooks can cost over $1,000 a year!
* Health Insurance - Students may have to buy a college health plan
* Transportation - between home and campus

Online Degree Costs
Success Degrees reports that the average cost for an online associate's degree is $9,000, and the average cost for a bachelor is $15,000. There is a great deal of competition between online schools, so shop around to find the most value for your college degree.

It's important to note that most students at four year universities don't have a job on the side, while the majority of students studying online are employed. It can be very difficult juggling work, online classes, family and a little spare time, but its up to you to decide if its worth it.

That's all for this week. Don't forget to register for the November 14th FCS scholarship drawing, and stay tuned for next week's newsletter!

Thank You and Good Luck!
FCS Scholarships

In this Issue

1. FCS Shcolarship
2. 4 Year College Costs
3. Scholarships4Moms
4. The Costs of College
5. Online Degree Costs
6. Nov. 14th Drawing
7. FCS Finalist


College Calculators

Try these calculators to determine how much you might be spending.

CNN Money
CollegeBoard
FinAid.org


Scholarships4Moms 10K Drawing on November 14th

September FCS 10k Scholarship Finalist: Diana Rosas Name: Diana Rosas
Hometown: North Hills, CA
Attending School: San Francisco State University
Drawing Date: Sept 15th
"Throughout my life, like many friends and family members, I have had to overcome multiple adversities; varying from commuting to school every day by six in the morning, to finding a way every year how to avoid taking out immense loans under my parents name in order to pay for my education. After hearing I am the winner for FCS, I had a sigh of relief knowing that I will not have to stress about paying my tuition for the following year, and that my parents most importantly won’t have to take out more loans. Thank you FCS, you have given me like many, the opportunity to focus solely on our education that will forever change our future."

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