Final price and thoughts (Part 11)

Link to part 1, part 2, part 3, part 4, part 5, part 6, part 7, part 8, part 9, part 10

Final price Summary

The figures shown below are based on an EFC (Estimated Family Contribution) from FAFSA of $28,000.

Below is a comparison of between York St John’s and in-state Madison.  Because our EFC is higher than the cost to go to Madison we receive no financial aid.


As can be seen above we will be saving at a minimum of almost $16,000 over the 3 years.  You could experience even bigger savings if you are going to an out of state school.  The exact saving will depend on the financial aid you will be receiving.  If the financial aid is in the form of grants and scholarships, which you do not have to pay back, then you might find a US school cheaper.

USA graduation rates

In the USA everyone does 4 years.  In the US a standard full-time study load is usually 30 credit hours per year. Typically, in order to graduate with a degree, universities expect students to complete 120-130 credit hours for a Bachelor’s degree.

This works out to 15 credits per semester times two semesters per year for each of four years. Yet most students take only 12 credits per semester, which means they immediately fall behind and few colleges and universities encourage students to exceed that number. Many charge them extra if they do.

At non-flagship four-year public universities, the on-time graduation rate is 19 percent.  This means the Madison calculation above of $92,036 could be more like $114,000 for 5 years or $138,000 for 6 years.


Some parents will likely be horrified to be so far away from their children, but with all the ways you can now keep in touch with your child they feel a lot closer, we are just a Snapchat, Facebook or Hangouts message away. My daughter is very happy with her choice to study in the UK and in 3 short years will have her degree and be looking forward her teaching career, where ever it may be.

If anyone has any additional questions or comments on how to improve this post, please contact me.


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