<p>From the College Board website re AP Exam Fees:</p>
<p>"Fees
The fee for each exam is $84.</p>
<p>Occasionally, extreme circumstances make it necessary for students to test late using an alternate form of the exam. Depending on the reasons for late testing, schools may be charged an additional fee, part or all of which the school may ask students to pay. Learn more about late testing.</p>
<p>Note: If you are testing at a school that is not your own, the Coordinator may ask you to pay a different fee to recover the additional proctoring and administration costs.</p>
<p>Fee Reductions
Fee reductions of $22 per exam are available from the College Board for students with financial need. In addition, schools forgo their $8 rebate for each fee-reduced exam, making the final fee for these students $54 per exam.</p>
<p>In addition, virtually all states offer exam subsidies to cover all or part of the cost. Learn more about state and federal subsidies.</p>
<p>For internal purposes, such as an audit or invoice verification, a state may request from the College Board the names of its public school students who receive fee reductions; in such cases, the state will agree to maintain the confidentiality of such data.</p>
<p>Check with your AP Coordinator to learn more about fee reductions and state and district subsidies.</p>
<p>Refunds
You may ask for a refund if you do not begin an exam for which you have paid. Local school policy determines the amount of the refund. You will probably be required to pay the $13 fee the school is charged for each unused exam. Once you begin an exam – that is, write on an exam booklet or answer sheet – you cannot receive a refund."</p>
<p>At my D’s HS, this year, the check for her 6 AP exams ($504) was due October 5, 2007. Course enrollment is contingent on a mandatory sitting for all exams–we both had to sign an agreement. </p>
<p>Evidently, at the OP’s school the $54 is the cost of a fee reduction or the result of a state subsidy–good for them–writing that check was painful! </p>
<p>If the colleges you are looking at have “friendly” AP policies and you will likely meet the score standards for credit, it is well worth sitting for the exams. </p>
<p>At the LAC my D will be attending, the most she will get out of her AP’s (even with scores of 5) is the foregoing of some Intro courses–no credit or advanced standing given. However, she is so excited by the course catalog, and wants to pursue a double major and a minor, that she will probably exceed the minimum number of credits for graduation–so I guess it doesn’t matter. </p>
<p>But is AP worth it anyway? Sure. In many cases, without the rigor of an AP-heavy schedule you won’t be competitive for admission to most top schools. Plus, I think it probably prepares you well enough for the rigors of college courses, and at the very least, it can give you a foundation for your course of study.</p>
<p>Ultimately, it’s up to the OP, but for what it’s worth–I think you really have nothing to lose, and you are lucky to have the lower fee–even if you still think it’s a lot to pay.</p>
<p>Good luck. :)</p>