The real cost of college after subtracting grants and scholarships.
Net price = sticker price (tuition + room + board + fees) minus grants and scholarships. It is the number that actually matters. Every college is required to have a net price calculator on their website. Use it early — it can completely change which schools you consider affordable.
Myth: "I can not afford any college." Reality: Net price calculators show that many students pay far less than sticker price, especially at well-endowed schools.
Why it matters
The sticker price is often meaningless. A $75,000/year school might have a net price of $15,000 after aid, while a $25,000/year state school with no aid costs exactly that. Always calculate net price before ruling out any school.
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