How Much Does Human Resource Management School Cost?
If you want to be a human resources manager, you have to be ready to go to college and obtain the necessary formal education to become one. Combined with substantial work experience in the field, a bachelor’s degree in human resources management can pave the way for you to ascend to this managerial position in an organization.
Of course, going to college is not free. You’ll have to be ready to shoulder the cost of tuition, fees, books and supplies as well as the expenses associated with rent and food while you’re working towards getting your degree. While these are definitely going to entail some expenses on your (or your parents’) end, there are ways for you to lower your costs.
First of all, how much you pay for a bachelor’s degree in human resources management or related fields will depend on whether you want to go to a private or public school. If you find a public institution in your state of residence offering this degree program, it would be more beneficial for you financially to attend there since you will most likely be eligible for discounts that would lower your tuition costs. This kind of benefit is not offered in private schools or if you attend a public school located in another state.
You can further bring down your costs by arranging to live with your parents while you are still studying. Without having to worry about rent and food expenses, you will only have to think about sourcing funds for tuition and related school fees, substantially lessening the financial burden.
If you are an out-of-state student seeking to obtain a bachelor’s degree in human resources management, you can expect to spend relatively more. On the average, your yearly cost is about $36,000 for tuition and fees, books and supplies and room and board. However, the range for in-state and out-of-state students for this degree can vary from around $11,000 to about $60,000 annually depending on the school they go to.
One way to bring down your college costs is to seek an online program. Although the cost of tuition may not necessarily be lower with this option, it does afford you the chance to work fulltime while you’re still earning your degree. This will make you less dependent on student loans to fund your degree. Moreover, you can choose to live in the cheapest place you can afford and not have to worry about moving to an apartment near the school where you will be studying.
Colorado State University, for example, offers an online bachelor’s degree in human resources management. The cost per credit is $350 or $1,050 per course which is three credits. According to CSU’s website, a student’s tuition is locked all throughout the program. That means that you won’t see your tuition increase for as long as you are in good academic standing and attend your classes.
Whether you obtain your degree online or in a traditional setting, do make it a point to talk with the financial aid office of your school to explore opportunities for financial aid in the form of scholarships or grants. Some discounts may also be available for certain groups, such as the members of the military and their spouses. Make sure that you inquire about these if you belong to such a group.