The Burden of Paying for Education: Uncovering the True Cost of Gwinnett Tech

Do you know how much you're paying for your education at Gwinnett Technical College?

Hint: It's more than just tuition.

According to a study by the College Board, the average cost of attending a public two-year college was $3,660 per year in 2019-2020. However, when taking into account factors such as textbooks, transportation, and housing, the actual cost can be thrice that amount.

More specifically at Gwinnett Tech, the base tuition fee for in-state qualifies students is $89 per credit hour. With lab and tech fees this values raises up to $120. A full time degree seeking student will required on average 18 hours annually according to GTC admissions advisors. The estimated cost then becomes $2,160. The school’s administration indicates an additional $7,500 can be added annually to calculation mediums for other educational expenses counting mainly a typical way of life.

Did you know that student loan debt has surpassed credit card debt in the United States, with a whopping $1.5 trillion owed? Student loan repayment is also notoriously challenging for many individuals, and can harmfully affect their finances and those around them.

Why are education costs rising so rapidly, and what can we do to combat it? These are the questions that need answers.

By reading this article, you'll gain a deeper understanding of the true cost of education and how take you want to view GTC admissions.

Ultimately, our goal is to inform and empower you making the best decision about your own educational endeavors. Start fishing for guidance regarding how to maximize financial aid, find savvy career choices, and manage inevitable student loans.

So let's start examining “The Burden of Paying for Education: Uncovering the True Cost of Gwinnett Tech” together.

The Burden of Paying for Education: Uncovering the True Cost of Gwinnett Tech

Earning a college degree has become an essential part of most people's career paths. However, with the cost of higher education continuing to rise in the United States, more and more students are looking for affordable options when choosing where to pursue their education.

Gwinnett Technical College: An Overview

Gwinnett Technical College is a public community college located in Lawrenceville, Georgia. Founded in 1984, it currently offers over 140 degree, diploma, and certificate programs. Gwinnett Tech prides itself on being one of the most affordable higher education options in Georgia.

Comparing Tuition Costs

When compared to other local universities and community colleges in Georgia, Gwinnett Tech's tuition rates are lower on average. For example:

As seen above, Gwinnett Tech's tuition rates are significantly lower than those of other nearby institutions, making it an attractive option for budget-conscious students.

Cost Breakdown

To better understand the true cost of attending Gwinnett Tech, it's important to break down the various expenses required for attending college. These expenses include tuition, fees, textbooks, and living expenses.

Tuition and Fees

As stated earlier, the tuition for attending Gwinnett Tech as a full-time, in-state student is $2,136 per semester, or $4,272 per year. The total cost of attendance (including fees, books, and supplies) for a year at Gwinnett Tech comes out to around $7,348.

Textbooks and Supplies

According to the Gwinnett Tech website, the estimated cost of textbooks and supplies for a full-time student is around $1,500 per year.

Living Expenses

The cost of living in Lawrenceville, GA, where Gwinnett Tech is located, varies depending on factors such as housing and transportation. According to Niche, the average rent for an apartment in Lawrenceville is around $1,244 per month. Other living expenses, such as food and utilities, can cost up to $400 per month on average.

Financial Aid Opportunities

Even with lower tuition rates than other colleges, the cost of higher education can still be overwhelming for some students. Fortunately, Gwinnett Tech offers financial aid assistance to qualifying students, including scholarships, grants, and work-study programs.

Scholarships and Grants

Gwinnett Tech's website lists several scholarship opportunities available for both incoming and current students. Additionally, Georgia residents may be eligible for grants such as the HOPE Scholarship, which covers a percentage of tuition for qualifying students.

Work-Study Program

Selected students may also qualify for the Federal Work-Study program, which provides part-time employment opportunities for students to help offset the cost of attending college. Gwinnett Tech's Career Services department can help students find work-study opportunities that fit their schedules and academic interests.

Final Thoughts

Attending college can be costly, but with careful consideration of all expenses and available financial aid options, it is possible to pursue a higher education without breaking the bank. If you're considering attending Gwinnett Technical College, keep in mind the various costs involved and take advantage of the financial aid opportunities available to you.