Accounting colleges have variable tuition fees. Each school sets its own tuition and the prices often change over the years, usually going up in cost per credit hour. Another variable factor is the level of education. Graduate schools for accounting are often more expensive than undergraduate school, due to the type of education. Another factor in tuition cost is residency. Out-of-state students and international student tuition costs are higher than tuition for in-state students.
While admission guidelines also vary by school, accounting students must usually have high scores in math testing or high grades in math. Accounting requires mathematical skills and understanding to keep the books and work out tax information. Most schools require transcripts of previous education, standardized testing appropriate for the level of education, and an application. The testing for undergraduate level is usually ACT or SAT scores. Graduate schools often require GMAT test scores instead.
Full time students are those who take at least 12 credits at the undergraduate level, or at least 9 credits at the graduate level. The benefit of a full time education is that any credits above the full time status have the same rate in most schools for tuition. For example; a student in the undergraduate level who takes 18 credit hours pays the same tuition as a student taking 12 credit hours. Credits and methods of determining credits vary by school.
Accounting students, like any other student, are often eligible for various financial aid options. Government loans via FAFSA are one available option. These are paid back upon graduation at a set interest rate. There are also scholarships available for students. Schools might offer scholarships or students can get scholarships from private sources. Scholarships are not repaid.