Move to MD or VA for lower tuition?

[Anonymous]

Please excuse what I'm sure is a really dumb question... We live in DC. If my kid gets into college in MD or VA, can we move there to get in-state tuiton? Is there a lag time? How much? TIA.

[Anonymous]

On a related note.... If our dc got into UVA, would it be worth it to move from MD to va to get in state tuition.?

[Anonymous]

Most colleges require a full year of residency prior to college admission to qualify for in state tuition (you'll need legal residence, taxes paid in state, driver's license numbers, etc). As for UVA tuition, this year in-state is just under $13,000 and out of state just under $34,000. Add $9-11,000 for room, board and other expenses (that are the same for both in and out of state students). Websites like collegeboard.com have info on tuition and tons else for all colleges.

[Anonymous]

Your child will not be able to attend college while you are doing the year of "living in state". The child has to show that they were a resident for one year prior and the purpose of the residency cannot be for education (it would be o.k. if the child was a minor and was attending high school in that state.... it would not work if the child was attending college).

[Anonymous]

i thought dc got in state tuition everywhere.

[Anonymous]

Anonymous wrote:i thought dc got in state tuition everywhere.

DCTAG gives you $10,000 for state schools. In some states that will lower it to in-state levels. Obviously at UVA it won't, but it helps.

[Anonymous]

Not a bad idea
Move
send your kid backpacking across Europe for a year
have your kid start the college a year later, after a gap year

[Anonymous]

Anonymous wrote:Most colleges require a full year of residency prior to college admission to qualify for in state tuition (you'll need legal residence, taxes paid in state, driver's license numbers, etc). As for UVA tuition, this year in-state is just under $13,000 and out of state just under $34,000. Add $9-11,000 for room, board and other expenses (that are the same for both in and out of state students). Websites like collegeboard.com have info on tuition and tons else for all colleges.

So that's an $84,000 difference over four years. Even if you could pull it off legally, do you really think you'd end up ahead after selling your current house (assuming you own), moving, and buying a new house (assuming you buy)?

[Anonymous]

Well, maybe if you had 11 kids.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Most colleges require a full year of residency prior to college admission to qualify for in state tuition (you'll need legal residence, taxes paid in state, driver's license numbers, etc). As for UVA tuition, this year in-state is just under $13,000 and out of state just under $34,000. Add $9-11,000 for room, board and other expenses (that are the same for both in and out of state students). Websites like collegeboard.com have info on tuition and tons else for all colleges.

So that's an $84,000 difference over four years. Even if you could pull it off legally, do you really think you'd end up ahead after selling your current house (assuming you own), moving, and buying a new house (assuming you buy)?

Who says you have to sell you home.
rent it out and rent a place in VA
Save a ton on room and board when your kid can live with you

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Most colleges require a full year of residency prior to college admission to qualify for in state tuition (you'll need legal residence, taxes paid in state, driver's license numbers, etc). As for UVA tuition, this year in-state is just under $13,000 and out of state just under $34,000. Add $9-11,000 for room, board and other expenses (that are the same for both in and out of state students). Websites like collegeboard.com have info on tuition and tons else for all colleges.

So that's an $84,000 difference over four years. Even if you could pull it off legally, do you really think you'd end up ahead after selling your current house (assuming you own), moving, and buying a new house (assuming you buy)?

Who says you have to sell you home.
rent it out and rent a place in VA
Save a ton on room and board when your kid can live with you

It's a long commute from the DC area to UVa, or Va Tech, or James Madison, or VCU . . .

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Most colleges require a full year of residency prior to college admission to qualify for in state tuition (you'll need legal residence, taxes paid in state, driver's license numbers, etc). As for UVA tuition, this year in-state is just under $13,000 and out of state just under $34,000. Add $9-11,000 for room, board and other expenses (that are the same for both in and out of state students). Websites like collegeboard.com have info on tuition and tons else for all colleges.

So that's an $84,000 difference over four years. Even if you could pull it off legally, do you really think you'd end up ahead after selling your current house (assuming you own), moving, and buying a new house (assuming you buy)?

Who says you have to sell you home.
rent it out and rent a place in VA
Save a ton on room and board when your kid can live with you

It's a long commute from the DC area to UVa, or Va Tech, or James Madison, or VCU . . .

And yeah, how nice for your 20 year old college student to live at home and commute to college. (I'm assuming that you can afford the $8000 per year for your kids to live at college since you can afford 2 homes in the DC metro area).

[Anonymous]

Anonymous wrote:
And yeah, how nice for your 20 year old college student to live at home and commute to college. (I'm assuming that you can afford the $8000 per year for your kids to live at college since you can afford 2 homes in the DC metro area).

???
When the kid graduates it will also have a long commute to its first job.
I do not need to afford 2 homes. I can rent one out and therefore pay for just one.
For my 20 year old student, living at home is a big saving and makes the difference between whether he can attend or not.