Average Annual Tuition at New England College of Business and Finance
The latest data we have for New England College of Business and Finance's annual average net costs are from 2018. These costs and and the average Massachusetts schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
|In-state Tuition||Out-of-state Tuition||Median Debt||Avgerate Net Cost|
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Massachusetts as well. Massachusetts's' higher education costs rose by 38% in just the last 10 years, ranking as the 24th highest state.
New England College of Business and Finance Financial Assistance
48% of students enrolled at New England College of Business and Finance receive some form of Federal loan assistance. You can view New England College of Business and Finance's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Massachusetts has two programs available: the U.Fund College Investing Plan, a direct-sold 529 college savings plan managed by Fidelity Investments using Fidelity mutual funds, and the U.Plan Prepaid Tuition Program, offered by MEFA.
|State Plan Name:||Massachusetts U.Fund College Investing Plan|
|Maximum Contribution:||up to $375,000 per beneficiary across accounts|
|Fees:||No enrollment or account maintenance fees; 0.09% to 0.35% program management fees, depending on portfolio options.|
Massachusetts School Statistics
We've analyzed all other higher education schools in MA, and wrapped it up nicely into a report for you. View our MA analysis report.
There are 80 other accredited private schools located in the state of Massachusetts. You can view all MA schools here.