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A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [1] [2] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
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found key issues with the implementation of the net price calculator requirement. [35] In "Adding it all up," the authors state, "this report takes a more in-depth look at the net price calculators from 50 randomly selected colleges.
Colleges are also required to post a Net Price Calculator, that determines for each prospective or current student a personalized Net Price, which is the COA minus need- and merit-based grant aid (not including loans or work-study programs). Financial aid cannot exceed the cost of attendance.
College expenses determined by net price calculators can vary by an average of $5,700. Ariel Skelley/DigitalVision via Getty Images PlusThe best way to figure out how much you have to pay for ...
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In the fall of 2011, colleges were required by federal law to post a net price calculator on their websites to give prospective students and families a rough estimate of likely college costs for their particular institution, [58] [74] and to "demystify pricing".
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