Each institution of higher education that receives funds under the Title IV federal student aid programs must post a net price calculator on its website to provide estimated net price information to current and prospective students. This calculator allows students to calculate an estimated net price of attendance at your school (defined as cost of attendance minus grant and scholarship aid) based on what similar students paid in a previous year. The net price calculator is required for Title IV institutions that enroll full-time, first-time degree- or certificate-seeking undergraduate students.
Institutions may meet this requirement by using the U.S. Department of Education’s (the Department) Net Price Calculator template or by developing their own customized calculator that includes, at a minimum, the same elements as the Department’s template. The latest version of the Department’s Net Price Calculator template, which reflects data from the 2013-2014 award year, was recently released and is available at the Department’s Net Price Calculator Information Center (http://nces.ed.gov/ipeds/resource/net_price_calculator.asp). In addition to the template, you will find a wide-range of resources on this website including general information, help files, and frequently asked questions related to both the net price calculator requirement and the U.S. Department of Education’s Net Price Calculator template.
For additional assistance with the net price calculator requirement and/or the Department’s template, please contact:
The Net Price Calculator Help Desk
(877) 299-3593 (toll-free)