Hey guys, swinging towards Stanford as a top choice but I haven't got a clear idea about the financial commitment. What's the cost including tuition, housing, books, and maybe some personal expenses?
The estimated annual cost of attending Stanford, considering all expenses such as tuition, room and board, books, and personal expenses, is approximately $92,892. However, this is just an estimate, and the actual expenses can vary depending on personal lifestyle and choices.
For the 2024-2025 academic year, undergraduate tuition is set at $65,127. Room and board costs amount to approximately $21,315. As for textbooks and supplies, Stanford estimates an average expenditure of around $825 a year. For personal expenses, which can include anything from laundry to personal care items, an estimated amount would be somewhere around $3,225 annually.
However, keep in mind that Stanford is committed to meeting 100% of the demonstrated financial need for all admitted students and a significant portion of students receive financial aid. This means your family may not have to cover the entire cost, depending on your financial situation.
Remember, these amounts are just estimates, so it would be beneficial to use Stanford's Net Price Calculator to get a more accurate sense of your potential financial commitment, taking into account your personal circumstances and potential financial aid (https://financialaid.stanford.edu/undergrad/how/calculator/index.html#net-price-calculator). This should give you a more clear picture of the financial commitment required to attend Stanford.
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