Question: My child is thinking of changing colleges. What additional expenses are involved? How much does it cost to spend extra time in school?
Sometimes there is no cost involved at all when a student switches colleges. Just because a student transfers, it doesn't necessarily mean that he or she will need extra time to graduate. Sometimes, too, if additional credits are required, the student can take them over the summer at a local community college so--even though there will be some extra costs involved--these will be low. Transferring may also demand some moving expenses, if your child is shipping furniture or other gear from one part of the country to another, but this isn't common or usually terribly costly. Transferring will often require extra application fees, too, but this is normally a minimal expense.