LR Lately
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Subscribe to LR Lately | View All PostsCollege Savings up to $50,000 for Lakes Region Students!
Posted On: 03/05/2015
On February 23rd, the Presidents of the Lakes Region Community College and Plymouth State University came together to agree that students who complete two years of schooling at the Lakes Region Community College gain automatic acceptance to Plymouth State. Dr. Scott Kalicki (LRCC President) and Dr. Sara Jayne Steen (PSU President) hope that this agreement will give pathways to students who haven’t considered going on to get a Bachelor’s Degree. Their agreement also offers some students savings of almost $50,000 if they choose to go to the Lakes Region Community College first!
The LRCC offers Associates degrees in accounting, nursing, business, culinary arts, fine arts, restaurant management, teacher prep, graphic design, and many other great majors that include separate concentrations for each. These degrees can all be finished during the course of four semesters, or two years. The school also offers on-campus housing starting at $3,200 per semester. In 2016, students will be able to choose to live in apartment housing for a larger fee. This housing rate is typical and comparable to housing rates at Plymouth State, but it’s the tuition rates make the real difference. For example, a student going to the LRCC for teacher preparation would need 67 credits to acquire an Associate’s Degree; each credit, for in state tuition, costs $200 ($455 for out of state). Not including books and testing fees for individual majors, it would cost an in-state student about $26,000 to complete an Associate’s Degree at the LRCC while living in the student dorms. To finish a four-year degree at Plymouth in education, it would cost about $88,000 with all of the fees. But if the student started at the LRCC, finished all of his/her general education courses for the degree, and then transferred to Plymouth State as the agreement describes, the student would spend about 70,400 versus the full 88,000 for a four year degree. An out-of-state student saves a whole lot more because the PSU average for an out-of-state is about 122,000. An out-of-state student would save about $48,000 by doing this plan.
For in-state students, this plan would be very well suited for commuters. A commuting teacher prep student would spend about $13,600 on their Associate’s Degree at the LRCC. Their continued study at Plymouth State University would be about $24,000 more than that, making a total spend of $37,600. That is a much more manageable student loan than the $70,000! New Hampshire’s state tuition is particularly high though because of the lack of sales taxation for New Hampshire residents. That makes it much harder not to get a good education without a big, mortgage-sized loan.
The difference between the price for in-state students doing a full four-year degree and starting at the LRCC really isn’t much unless they plan to commute to both. But this plan could really benefit out-of-state students who want to go to school in the New Hampshire skier regions! This was a good merger for the two schools overall and I am interested to see how many students take advantage of this offer in the next few years!
For more events from the Lakes Region Community College, go to their website! To see what the students are up to, you can visit some in the culinary arts for Thursday Night Dinner at the Canterbury Shaker Village! They only accept cash but the price is only $10 per person.
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