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Author(s):Advisory Committee on Student Financial Assistance
Title:The bottom line: Ensuring that students and parents understand the net price of college
Source:http://www2.ed.gov/about/bdscomm/list/acsfa/bot...
Date:2011
Organization:US Department of Education
Short Description:In making decisions about college, it is essential that students and parents focus on net price, which is the dollar amount that must be paid after subtracting financial assistance from cost of attendance.
Annotation:In making decisions about college, it is essential that students and parents focus on net price, which is the dollar amount that must be paid after subtracting financial assistance from cost of attendance. Throughout the decision making process — from considering whether college is a financial possibility, to choosing which college to attend, to assessing whether to continue once enrolled — net price, rather than list price, is of singular importance. For most families, particularly low- and moderate-income families, while work and loans are necessary, the most consequential type of assistance is grant aid — need-based and merit-based — and the central measure of net price is cost of attendance minus grant aid from all sources.
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Associated Keywords:
Documents
Financial Aid, Affordability, Tuition, and Costs
Low-Income Students
Merit-based Aid
Need-based Aid
Pell Grants

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The effects of in-state tuition for non-citizens: A systematic review of the evidence
Opportunities for efficiency and innovation: A primer on how to cut college costs
The price of poverty in big time college sport
Trends in community college education: Enrollment, prices, student aid, and debt levels
41st annual survey report on state-sponsored student financial aid: 2009-2010 Academic year
Employer-paid tuition advancement for low-income workers
College Affordability and Transparency Center
Linking costs and postsecondary degrees: Key issues for policymakers
The role of tuition, financial aid policies, and student outcomes on average student debt
2011 Survey of differential tuition at public higher education institutions
Paying for college: Cost comparison worksheet
College hopes and worries survey
Rethinking higher education business models: Steps toward a disruptive innovation approach to understanding and improving higher education outcomes
Sending veterans to school: Fast facts on the post-9/11 GI Bill
Is college affordable? In search of a meaningful definition
Postsecondary institutions and price of attendance in 2011-12, degrees and other awards conferred: 2010-11, and 12-month enrollment: 2010-11
Financial awareness counseling
How America pays for college 2012
42nd Annual survey report on state sponsored student financial aid
The economic case for higher education
Making loans work: How community colleges support responsible borrowing
Keeping the promise of opportunity: Redesigning financial aid to support post-secondary completion among low-income young adults
Economic Diversity Among Selective Colleges: Measuring the Enrollment Impact of "No-loan" Programs
Balancing passion and practicality: The role of debt and major on students' financial outcomes: Executive Summary
Balancing passion and practicality: The role of debt and major on students' financial outcomes
Consumer guide to changes in Federal Pell grants and student loans for 2012-13
Affordable at last: A new student loan system
Community college access and affordability for occupational and nontraditional students
Federal education tax benefits: Who receives them and to what extent do they shape the price of college attendance?
Including more student voices in higher education policymaking: Rising tuitions and student debts mean rising stakes for college students
Advocacy in action toolkit
State policy profiles for completion by design
2012 Education appropriations guide
What can we learn from law school? Legal education reflects issues found in all of higher education
Open educational resources: Tools to help 21st century students achieve their postsecondary eduation goals and keep America competitive
Know before you owe (student loans)
Unrealized promises: Unequal access, affordability, and excellence at community colleges in Southern California