While the price tag for a college education has edged down slightly during the pandemic, it’s important to plan ahead to determine how to fund – or partially fund – tuition, fees, room, board and everything else for four (or more) years of undergraduate studies.

Colleges and universities typically report a combined tuition and fees total. The average price of tuition and fees for the 2021-2022 academic year in the United States came to:

• $10,740 at public colleges (for in-state residents)
• $27,560 at public colleges (for out-of-state residents)
• $38,070 at private colleges

For the 2021-2022 academic year, average room and board costs were:

• $13,620 at private colleges
• $11,950 at public colleges

It is important to plan ahead and create a budget for college. Check out the below infographic for more information and tips!