The fast-paced finance industry includes all aspects of the financial services industry, from banking to asset management to venture capital and private equity. U.S. financial services make up more than half of the country’s GDP. 

There is little doubt that financial professionals earn a lot. Thus, it’s no surprise that hundreds of thousands of students opt to enter this lucrative market each year.  This makes an online degree in finance high in demand. Although many people assume it’ll cost a lot, the truth is, how much an online degree in finance costs depends on your state residence. 

Read on to find out how your residence affects your tuition and how.

How Much Will You Have To Pay?

The total cost of an online finance degree program will be influenced by a range of factors. It’s vital to evaluate your state residency because many colleges and universities will give lower tuition rates to students who live in the same state as their school’s main campus. 

On the other hand, some schools assess online tuition at a fixed rate independent of a student’s state residence. Additionally, online students may be asked to pay technical fees that are not required of their brick-and-mortar counterparts.

Thus, tuition fees depend largely on the university and what part of the country it is located in. However, it is reasonable to expect to pay between $200 and $600 per credit hour for a bachelor’s in finance online degree program, whether the student is from within or outside of the state. 

The average total cost of an online bachelor’s degree at a private school is $60,593, while it is $38,496 at a public school for in-state residents and $54,183 for out-of-state students.

Have more questions relating to a finance degree? Visit Go Degree’s blog section for more useful tips and information when pursuing higher education.