College Student Scenario

(The following is a fabricated scenario for illustration purposes)

 A student is attending college to obtain a Bachelor’s degree in Business Management. 

The total credit hours needed for the degree is 130, with a tuition rate of $500 per credit hour. 

130 credit hours x $500 per credit hour = $65,000 total tuition for Bachelor’s degree. 

Now, let's apply the Residency Requirements mentioned adjacent to this section. (If available, a student can find the Residency Requirement policy in the college's Academic Catalog)

Forty credit hours are required at the college x $500 per credit hour = $20,000 tuition costs 

130 credit hours – 40 residency credit hours = 90 credit hours remaining 

Ninety credit hours x $500 per credit hour = $45,000 tuition cost not required to go to the enrolled college. 

A student now has options regarding potential courses completed outside the 40 residency credit hours.  Those options include: 

• Option A: Take the College Algebra course at the enrolled college for $2000.
• Option B: The student can select another path that costs only $700. 
• Option C: The student can choose a multiple-choice exam for only $100 and still receive the four credit hours. 

For more detailed information on the course options available to a college student, order your High School Advising Packet or Higher Education Advising Packet today!  

Every higher education institution will have separate guidelines, and the student must verify the transfer credit and residency policy with the desired institution. The resources provided by The Malone Group should serve as possible alternative methods for a college student to help reduce tuition costs. The Malone Group offers no guarantees and is not responsible for the actions of the intended audience.