“Welcome to the Net Price Calculator! You’ve come to the right place. We’re happy you are beginning to explore how to plan and pay for your college education”
Purpose of the Net Price Calculator
“To help current and prospective students, families, and other consumers estimate the individual net price of an institution of higher education for a student. The calculator shall be developed in a manner that enables current and prospective students, families, and consumers to determine an estimate of a current or prospective student’s individual net price at a particular institution.”
What is the Net Price Calculator?
The Net Price Calculator is a tool that you can use to estimate your “net price” to attend a particular college or university. Net price is the difference between the full cost minus any grants and scholarships for which you may be eligible. Full cost includes tuition and fees, room and board, books and supplies, transportation and personal expenses.
Using the Net Price Calculator
The calculator is designed to give you an early indication of how much and what types of financial aid you might qualify for if you were a college freshman attending school full-time in the academic year indicated.
Net price is the key to understanding what a specific college is likely to cost, and allows you to better compare your out-of-pocket expenses from one college to another.
It can help you widen your college choices beyond those institutions that you think you can afford. It is possible that your net cost will be lower at a college with a high cost or higher at a college with a lower cost. You may find that some colleges you thought were financially out of your reach may be very affordable.
As you use the calculator, please remember:
- This is not an application for financial aid.
- The results will only be as reliable as the data you provide.
- The net price calculator will only give you an estimate of your net price and aid eligibility. The financial aid office has the final word on your financial aid award.
- You must complete the Free Application for Federal Student Aid (FAFSA) after January 1 of the year you plan to attend college.
Completing the calculator should take no more than 15-20 minutes of your time. You will need to answer some basic questions (see below).
- Marital Status
- Family Size
- Number of Family Members in College
- Parent Income for Dependents (or Household Income for Independents)
- Living Status (on campus, off campus, or with parents)
- Residency Status (in-state or out-of-state)