Since October 29, 2011, almost all U.S. colleges and universities are required to have “net price calculators” on their websites. These new online tools can make it much easier for prospective students and their families to look past often scary “sticker prices” and start figuring out which colleges they might be able to afford. Armed with early, individualized estimates of what specific colleges would cost after grants and scholarships, students can discover that their dream school may be more (or less) affordable than they thought – before they have to decide where to apply.
To help spread the word about these new online tools, the Department of Education has launched a College Net Price Calculator Student Video Challenge. High school and college students are invited to produce and submit short videos about why net price calculators are a valuable resource during the college selection process. Submit your entry by January 31 for a chance to win one of three $1,500 cash prizes!
To find out more about net price calculators, visit our new net price calculator resource page, with links to our publications as well as resources from the Department of Education.