Should I compare cost per year or total cost until graduation?
In general, comparing the total cost through graduation makes it easier to understand the overall financial burden of different universities or faculties. However, annual costs are also important for planning cash flow. Include admission fees, tuition, facility or practical-training fees, materials, commuting and living expenses, and scholarships, then compare both the total for the standard period of study and the amount due each year.
Key points
- Look beyond tuition to admission, facility or practical-training fees, materials, commuting, and living costs.
- Check both the total over the standard period of study and when and how much must be paid each year.
- If using scholarships or fee reductions, check their conditions and your out-of-pocket cost through graduation.
Things to check
- Costs and support systems vary by university, faculty or program, academic year, and a student's housing or commuting situation, so confirm the details in each university's official information.