Career & College Directions

Public or Private Colleges and Universities

Public colleges and universities are those funded by state tax dollars, as well as tuition and private donations.

Private colleges and universities are mostly independent, not-for-profit schools. They do not receive state tax dollars and are supported privately through tuition, endowments, religious denominations, and private donations.

The main difference between the public and the private institutions is cost. Tuition is generally higher at a private school; however, financial aid will often make up the difference between the two.

In this country, students who attend accredited colleges and universities, both public and private, can apply for grants and loans from the U.S. Department of Education. Students must fill out the FAFSA form to apply. This federal financial aid is based on the financial need of the student. Students attending public and private schools in their home state can also apply for state aid, which is mostly based on need. In most states, some aid is also based on the student’s academic merit or chosen major, among other factors.

Institutional or private scholarships, available at both public and private colleges, can be based on need or on academic and extracurricular talents, majors, or other aspects.