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Net Price Calculator
Requirements
LASSA CONFERENCE
October 28, 2010The Higher Education Opportunity Act (HERA) of 2008 included a provision
for all postsecondary institutions that participate in Title
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How to fill out net price calculator
How to fill out a net price calculator:
01
Start by accessing the net price calculator on the college or university's website. This tool is typically found on the financial aid or admissions page.
02
Provide your personal information such as name, date of birth, and contact details. This is necessary for the calculator to generate accurate results tailored to your specific circumstances.
03
Enter your family's financial information, including income and assets. This helps determine your eligibility for need-based financial aid.
04
Indicate the number of family members in your household and the number of them attending college. This information assists in assessing the overall financial need.
05
Input any additional factors that may affect your financial situation, such as unusual medical expenses or dependent care costs.
06
Review your entries for accuracy and completeness before submitting the form. Double-check that all information is up to date and reflects your current financial situation.
07
After submitting the form, the net price calculator will generate an estimate of the total cost of attendance and the amount of financial aid you may be eligible for. This information can help you understand the actual cost you might incur at that particular institution.
08
Take note of the estimated net price and financial aid package so you can compare it with other colleges or universities you are considering.
Who needs a net price calculator?
01
Prospective college or university students who are seeking an estimate of the total cost of attending a particular institution and the potential financial aid they may receive.
02
Families who wish to budget or plan for higher education expenses by understanding the expected out-of-pocket costs after financial aid is factored in.
03
Students who are comparing different colleges or universities. The net price calculator can help them assess the affordability of different institutions and make informed decisions about where to enroll.
04
Financial aid offices and admissions counselors who use the net price calculator's results to assist and advise prospective students or families on the costs and financial aid opportunities at their institution.
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What is net price calculator?
Net price calculator is a tool used by colleges and universities to estimate the true cost of attending their institution after scholarships and financial aid.
Who is required to file net price calculator?
Colleges and universities that receive federal funding are required to provide a net price calculator on their website for prospective students.
How to fill out net price calculator?
To fill out the net price calculator, students will need to input information about their family's income, assets, and household size.
What is the purpose of net price calculator?
The purpose of the net price calculator is to give students an estimate of the cost of attending a particular college or university, taking into account their individual financial situation.
What information must be reported on net price calculator?
Information that must be reported on the net price calculator includes income, assets, household size, and other financial information.
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