FAQs
A calculator's net price is an estimate, not a guarantee. It makes sense to ask how accurate its calculator is. The net prices you generate will only be as reliable as the financial and academic data you share with these tools. Be sure to include accurate figures.
How can a net price calculator help you pick a college? ›
The Net Price Calculator estimates your net price to attend a particular college based on financial information you provide (your EFC) and statistics about costs and financial aid reported by the college.
What is the net price of UCF? ›
The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost, which come in on average at $14,994 for in-state students and $33,225 for out-of-state students receiving need-based aid.
What does a net price calculator not tell a student? ›
The Net Price Calculator will not tell you what your financial aid package will be. Net price calculators are intended to provide early estimates to guide students' and parents' decision-making but do not replicate the college's financial aid process.
Is the FAFSA calculator accurate? ›
Although not perfectly accurate, they can give you a better sense of what your financial aid might look like at different schools and help you refine your budget even before receiving your official financial aid notifications. Good luck with your college planning and financial aid process!
How accurate is NPC? ›
While these tools can be helpful, an NPC may not be completely accurate. All colleges are required to have NPCs, but these tools are not standardized, and some information and formulas can be outdated. Many calculators factor only need-based aid, not merit aid, into their output.
Is net price the same as tuition? ›
A net price is an estimate of the actual cost you and your family need to pay in a year to cover education expenses for you to attend a particular college or career school. It is the institution's cost of attendance minus any grants and scholarships for which you may be eligible.
Is Harvard net price calculator accurate? ›
How accurate is the Net Price Calculator? The Net Price Calculator is very accurate, but it is only as good as the information that you input. The most common mistake in filling out the NPC is to forget to include untaxed income like income that you defer to tax-deferred retirement accounts.
Does net price include student loans? ›
Net price is the college's annual cost of attendance minus the grants, scholarships, tuition waivers and other gift aid a student receives for one year of college. This does not factor in loans. It includes only the forms of financial aid that a student does not have to repay or earn through work.
Is UCF online cheaper? ›
An online bachelor's degree program at UCF costs $33.09 less per credit hour than an on-campus bachelor's degree. This is because UCF Online students are provided a fee waiver, which removes some fees that come with attending in-person.
Projected 4-Year-Degree Price
In 2022-2023, in-state University of Central Florida tuition and fees cost $6,368—the same price it's been since at least 2019-2020. Based on that amount, a four-year degree would cost $25,472, not including other expenses.
Is it cheaper to live on or off campus at UCF? ›
While it's convenient to live on campus, especially if you don't have any other obligations in the greater Orlando area, the cost of living on campus is significantly higher than living off campus.
Is the college board net price calculator accurate? ›
Depending on the number and type of questions asked, the results will vary in accuracy. Typically, the simpler the calculator, the less accurate. Students should be made aware that there are differences between NPCs and that they should not expect uniform results.
How to calculate net price for college? ›
Net Price is the amount that a student pays to attend an institution in a single academic year AFTER subtracting scholarships and grants the student receives. Scholarships and grants are forms of financial aid that a student does not have to pay back.
What information is needed for a net price calculator? ›
Input elements must include: Data elements to approximate the student's Expected Family Contribution (EFC), such as income, number in family, and dependency status or factors that estimate dependency status*
Is Cornell's net price calculator accurate? ›
Net Price: The Most Accurate Method
To find it, just google "Cornell Net Price Calculator" - the official tool should be one of the top search results. Often the school will ask for more information than just income: The number of people in your household.
Is net worth an estimate? ›
Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. This net worth calculator helps determine your net worth. It also estimates how net worth could grow or decline over the next 10 years.
What is the purpose of the net price calculator? ›
A net price calculator is a tool that allows current and prospective students, families, and other consumers to estimate the net price of attending a particular college or career school.