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Net Price Calculators for College Costs

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by Gina DeRose / published 11.14.2013 / updated 11.21.2020

College Costs
College Costs

Net Price Calculators for College Costs

Use the U.S. Department of Education’s Net Price Calculators for College Costs to determine your cost of education at participating colleges. The federal government has mandated that colleges provide a Net Price Calculator on their website so that students can get an accurate idea of what the price will be for the first year of their college education.

What does Net Price mean? Net Price means the total cost of the first year of college for an incoming student taking full-time classes enrolled in an undergraduate program, deducting grant aid; so it is the total cost out-of-pocket.

The Net Price Calculator also determines an estimate of need-based aid that the student may qualify for, such as need-based grants and merit-based scholarships. It may require additional information to determine the eligibility of the prospective student and ask for income and tax documents. If the prospective student does qualify, the calculator will deduct that aid from the net price of the first-year, at full-time student cost.

The College Board’s Net Price Calculator lists each college which participates by state. Considering the cost of an eduction is very important, and this tool is at your fingertips to help navigate college expenses. Please take full advantage of it.

The financial cost of college is an important factor when choosing a college and degree, but it is not the only factor that should be considered. Another important factor is in deciding which subject you want to pursue, and then choose the college that offers that degree subject. See the article The Deep Approach to Learning, which shows that a genuine interest in a degree will produce a more successful career after college. This seems like common sense.

Use the Online Degree Finder and discover which schools offer your degree plan, and request more information for free.


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