By this Saturday, every college in the U.S. will be required by law to have a net price calculator on its website. Many have already posted theirs.
If you’re unfamiliar with net price calculators, they provide students with an estimate of what a particular school might cost after need-based financial aid.
While the idea behind these calculators is a good one, I recently posted about some potential problems you might encounter when using them. For example, it can be difficult to compare different schools’ price estimates when some include merit-based aid and loans in their estimates while others do not.
Still, net price calculators provide extra information. As such, you shouldn’t leave them by the wayside.
USA Today recently posted some great tips for using net price calculators. Click here to check them out.