information:classification, information:highlighting, structural:expansion
Cost

In many countries, students are required to pay tuition fees.Many students look to get 'student grants' to cover the cost of university. In 2016, the average outstanding student loan balance per borrower in the United States was US$30,000. In many U.S. states, costs are anticipated to rise for students as a result of decreased state funding given to public universities. Many universities in the United States offer students the opportunity to apply for financial scholarships to help pay for tuition based on academic achievement.

There are several major exceptions on tuition fees. In many European countries, it is possible to study without tuition fees. Public universities in Nordic countries were entirely without tuition fees until around 2005. Denmark, Sweden and Finland then moved to put in place tuition fees for foreign students. Citizens of EU and EEA member states and citizens from Switzerland remain exempted from tuition fees, and the amounts of public grants granted to promising foreign students were increased to offset some of the impact. The situation in Germany is similar; public universities usually do not charge tuition fees apart from a small administrative fee. For degrees of a postgraduate professional level sometimes tuition fees are levied. Private universities, however, almost always charge tuition fees.