Admissions Expertise Tuition aside, what benefits and drawbacks exist by going to school in-state vs. out-of-state? Going to school in-state may cost you less in the long run especially if you depend on in-state scholarship funds. Travel will typically cost you less when you make those trips home during holidays and semester breaks.On the down side, going to school in-state may limit your college choice. Finding the right college fit may mean that your best school is in another state. Unless you are offered comparable scholarship money to attend the out-of-state school, you may have to eliminate it from your college list. Going to college in another state may mean higher travel expenses.Explore your opportunities before limiting your choice to in-state schools. Look at the whole picture before making your selection. Likes Like This Answer Already Liked This Answer Thank you, this item will be reviewed. What are the best ways for students to manage their college expenses? Plan ahead... this may sound simple but too many college students experience financial problems because they do not take the time to plan how to manage their funds. Map out your total costs -- tuition, books, room and board, travel money, health insurance, incidentals, etc. Develop a budget and live within that budget. Likes Like This Answer Already Liked This Answer Thank you, this item will be reviewed.