The online calculators below will help you determine projected college costs.
- The Net College Price Calculator allows you to determine the net college price for first-time, full-time degree/certificate-seeking students. The calculator allows you to gain accurate costs expected for college, taking into consideration scholarships and grants. Please go to the links below to calculate specific costs for your situation at your desired school.
In Fall 2011 colleges will be required to carry a net price calculator on their website. A net price calculator will allow for a student (and parents) to enter data like household income, savings and the number of other family members in college and report back an estimated final cost including financial aid eligibility. This will be a very handy tool for families during the early stages of college choice. The net price calculator will serve as a wake up call to many families trying to make a college choice. This comes at a time when families are struggling to meet college costs and increasingly need financial aid to assist with tuition. As a word of caution, net price calculators can only estimate your costs. Individual results may vary. The final cost really depends on what actual financial aid is awarded. The best aspect of this net price calculator is that it brings awareness to the parents about what can be expected from different schools.
The Net Price Calculator at each college will be formatted like the Net Price Calculator at the NCES (National Center for Education Statistics) website: http://nces.ed.gov/ipeds/netpricecalculator/Npc_2.aspx
Loan Payment Calculator
The Loan Payment Calculator noted in the link below provides an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty. This loan calculator can be used with Federal education loans (Stafford, Perkins and PLUS) and most private student loans. (This student loan calculator can also be used as an auto loan calculator or to calculate your mortgage payments.)