As an expert in the field of higher education finance, I can provide you with a detailed breakdown of the costs associated with attending LIM College. The cost of attending college can be a significant investment, and it's essential to understand all the components that make up the total cost.
Tuition: The tuition fee is the primary cost of attending college and it covers the cost of instruction. For LIM College, the tuition fee for the academic year 2016/2017 was $24,950. This fee can vary from year to year and is subject to change, so it's always a good idea to check the most current figures on the college's website or by contacting the admissions office.
Room and Board: This cost includes housing and meal plans provided by the college. At LIM College, the room and board fee for 2016/2017 was $20,350. This can be a significant portion of the total cost, especially for students who choose to live on campus. It's important to consider whether you will live on campus or off campus, as this can affect the total cost.
Books and Supplies: The cost of books and supplies is an additional expense that students need to budget for. For LIM College, the estimated cost for books and supplies for the 2016/2017 academic year was $900. This can vary depending on the courses you take and the specific materials required.
Other Fees: There may be other miscellaneous fees associated with attending college, such as technology fees, activity fees, or health service fees. For LIM College, the other fees for 2016/2017 were $775.
Total Cost: When you add up all these components, the annual list price to attend LIM College on a full-time basis for 2016/2017 was $49,675. This is a comprehensive figure that includes all the major expenses a student can expect to incur during the academic year.
It's important to note that this total cost is a starting point and can vary based on individual circumstances. For example, some students may qualify for financial aid, scholarships, or grants that can help reduce the cost. Additionally, living expenses, transportation, and personal expenses are not included in this total and should be considered when creating a complete budget.
When planning for college, it's crucial to consider not only the direct costs but also the indirect costs and any potential financial aid opportunities. It's always beneficial to speak with a financial aid counselor or use online tools to help estimate your potential costs and financial aid eligibility.
Remember, the cost of college is an investment in your future, and it's essential to make informed decisions to ensure that you can manage your educational expenses effectively.
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