You can use approximate income, as nothing you input is saved data the school would use to make decisions. Go to the school website and follow instructions for what you need to input. How to Use a College Net Price Calculator For instance, when you select the University of North Texas, you’ll be redirected to a website to input your information for up to three Texas schools at once. The Net Price Calculator Center allows you to search for nearly any school with a net price calculator, and you’ll be redirected to the school or other appropriate website. You can find a school’s net price calculator in two places: on the financial aid page of the school’s website and on the Net Price Calculator Center website for the U.S. Where to Find a School’s Net Price Calculator The actual price you pay-the net price-could be hundreds to thousands of dollars lower. Then, you may get rebates and negotiate the price lower. There’s a sticker in the window that tells you the price is X dollars. The sticker price analogy comes from when you are buying a car. When you compare schools, you want to compare by the amount that you will pay in total, including what you borrow and pay back. ![]() Sometimes, schools also will subtract student loan amounts. You receive $20,000 in scholarships and grants. Say a school’s estimated cost of attendance including tuition, fees, books, room and board and other expenses is listed on its website at $60,000 per year. The sticker price is what the price would be if you got zero financial aid. The net price of a college is what you actually pay. Remember, though, that in order to be eligible for financial aid, you’ll need to fill out the Free Application for Federal Student Aid (FAFSA). ![]() Generally, the financial aid estimate is based on past year awards for a student in a similar situation. It asks students to input financial, family, location and income information to estimate potential financial aid awards. ![]() What Is a Net Price Calculator?Ī college net price calculator is an online tool the federal government requires of all schools that offer federal aid, including student loans, grants and work-study. After you narrow down your college choices by major, career services and where and how you learn best, use the net price calculators on college websites to get an idea of which colleges are affordable for your family. The cost of college should always be part of the equation in choosing one.
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