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If you pay someone else's tuition and fees as a gift, you should be aware that the educational expense gift tax exclusion limit per year to any single individual — in this case, your child ...
Tuition at Hamline for the 2014–2015 academic year was $37,204. The estimated cost of living off-campus for a Hamline law student was $19,883. Assuming no tuition increases, a typical three-year course of study costs $171,261, or $57,087 per year.
The Tuition and Fees Deduction was phased out, but two main credits are currently available: the American Opportunity Credit and the Lifetime Learning Credit.
Annual tuition (including fees) for the 2022–23 academic year was $50,748 for full-time students and $36,900 for part-time students. [2] The school was ranked by U.S. News & World Report between 147th and 193rd in the country (bottom 25%) in 2023. [10] Mitchell Hamline was ranked ninth in the nation in dispute resolution. [11]
A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [ 1 ] [ 2 ] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
Tuition at William Mitchell for the 2014–2015 academic year is $38,620. The estimated cost of living provided by the school is $19,450. [28] Assuming no tuition increases, a typical three-year course of study at William Mitchell therefore costs $174,210, or $58,070 per year.
Tuition and fees do not include the cost of housing and food. For most students in the US, the cost of living away from home, whether in a dorm room or by renting an apartment, would exceed the cost of tuition and fees. [7] [9] In the 2023–2024 school year, living on campus (room and board) usually cost about $12,000 to $15,000 per student. [7]
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