College Funding

The cost for one year of tuition and fees varies widely among colleges. According to the College Board, the average cost of tuition and fees for the 2020-2021 school year was $54,880 at private colleges, $26,820 for state residents at public colleges and $43,280 for out-of-state residents attending public universities.*

The Pipeline, exclusively for teens ages 13-17A college education is a great investment in your future.  Unfortunately, it is also a very expensive investment. Here are some tips to help you plan for this worth-while venture:

Start saving now.
The sooner you save, the more time you have for your money to grow. In addition to a regular savings account, you may want to consider some long-term investment options:

Study hard.
If you earn good grades, you will increase your options for college and may also be eligible for scholarships in the future.

Learn about financing options.
Go to to explore information about scholarships, loans, savings goals and much more.

Private student loans are another option. We've partnered with Sallie Mae to offer the Smart Option Student Loan®, the Sallie Mae Parent LoanSM and Sallie Mae's suite of graduate loans.

Some scholarship opportunities may even be at your back door!

  • Every year, Beach Municipal FCU offers two educational scholarships of $2,500 to qualifying members.
  • The Jack E. O’Conner Scholarship is offered annually and is open to members of any credit union in the Tidewater Chapter of credit unions, including Beach Municipal FCU.

Define your career goals early.
Different schools are geared towards specific courses of study.

  • Community college courses are often less expensive than those offered by four year educational institutions. 
  • Depending on the institution, community college credits may often transfer to other colleges and universities. 

Beach Municipal FCU can help you formulate a solid strategic financial plan in order to make your educational goals much more attainable through high school graduation and beyond!

*Costs based on 2020-2021 figures from the College Board