Net Price Calculator Requirement
In accordance with the Higher Education Opportunity Act, each postsecondary institution that participates in Title IV Federal Student Aid (FSA) programs must post a net price calculator on its website that uses institutional cost of attendance data to provide estimated net price information to current and prospective students and their families based on a student’s individual circumstances. This calculator should allow students to calculate an estimated net price of attendance at an institution (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 all Title IV eligible institutions.