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The following costs combine to determine the amount the college estimates it will cost to attend for one academic year (before any aid).
| Tuition and Fees | $??,??? | |
| + Room and Board | $??,??? | |
| + Books and Supplies | $??,??? | |
| + Other Expenses | $?,??? | |
| = Total Cost of Attendance | $??,??? |
The following lists the gift aid (money you don't have to pay back) you have been offered to help reduce the cost of attendance.
| Federal Grants | $??,??? | |
| + Grants from your State | $??,??? | |
| + Grants from the College | $??,??? | |
| + Scholarships from the College | $??,??? | |
| + Other Scholarships | $??,??? | |
| = Total Gift Aid | $??,??? |
This is the estimation of what it will actually cost you to attend this college for one academic year.
| Cost of Attendance | $??,??? | |
| - Gift Aid | $??,??? | |
| = Your Net Price | $??,??? |
This is money that you will have to pay back (with interest).
| Perkins Loan | $??,??? | |
| + Federal Direct Subsidized Loan | $??,??? | |
| + Federal Direct Unsubsidized Loan | $??,??? | |
| + PLUS Loans | $??,??? | |
| + Other Loans | $??,??? | |
| = Total Loans | $??,??? |
This is money you will have to earn while in school (and may detract from your focus on your classes).
| Work Study | $?,??? | |
| + Other Employment | $?,??? | |
| = Total Work | $?,??? |
This is money you will still owe each year after all financial aid is considered.
| Net Price | $??,??? | |
| - Loans | $??,??? | |
| - Work | $??,??? | |
| = Out of Pocket Costs | $??,??? |
These are the out of pocket costs you will have to pay for a degree if everything remains the same for 4 years.
| 1 Year Net Price | $??,??? | |
| x 4 Years for Standard Bachelors Degree | x 4 | |
| = Total 4 Year Net Price | $??,??? |
You probably knew you would have to pay back those loans one day. What you may not have known is that many of them tack on additional up-front origination fees to issue the loan before interest even begins accruing.
| Loan Type | Loan Amount | Origination Terms | Estimated Fees | |
| + Perkins Loan | $?,??? | none | $?,??? | |
| + Federal Direct Subsidized Loan | $?,??? | 1.073% of loan amount | $?,??? | |
| + Federal Direct Unsubsidized Loan | $?,??? | 1.073% of loan amount | $?,??? | |
| + PLUS Loans | $?,???? | ** 4.292% of loan amount | $?,??? | |
| + Other Loans | $?,??? | ** 5.0% of loan amount | $?,??? | |
| + Private Loans | $0 | *** 5.0% of loan amount | $0 | |
| = Total Loan Fees | $??,??? | $??,??? |
** since 'Other Loans' can mean a lot of things, we have assumed the common use case of this representing Direct PLUS Loans and used these terms.
*** since fees can vary dramatically for private loans based on the issuer and the borrower and they frequently fluctuate, we have selected a conservative fee based on an average from a collection of lenders. Many top lenders in fact offer no-fee loans, so your costs could be less here. Click here for more information on private student loan fees.
Remember you do have to pay your loans back eventually. Here are the costs (with interest) if you did that over the standard 10 year repayment period after graduation.
| Loan Type | Principle | Terms | Interest While In School | Total Interest | |
| + Perkins Loan | $?,??? | 14 years at 5.00% | $?,??? | $??,??? | |
| + Federal Direct Subsidized Loan | $?,??? | 10 years at 4.66% | $0 | $??,??? | |
| + Federal Direct Unsubsidized Loan | $?,??? | 14 years at 4.66% | $?,??? | $??,??? | |
| + PLUS Loans | $?,??? | * 14 years at 7.21% | $?,??? | $??,??? | |
| + Other Loans | $?,??? | ** 14 years at 7.21% | $?,??? | $??,??? | |
| + Private Loans | $0 | *** 14 years at 10.99% | $0 | $0 | |
| = Total Loan Interest | $??,??? | $??,??? | $???,??? |
* Parent PLUS loans aren't automatically deferred till after the student graduates, but you can apply to have them deferred. We have made the assumption that you would for this calculation.
** since 'Other Loans' can mean a lot of things, we have assumed the common use case of this representing Direct PLUS Loans and used these terms.
*** since interests rates can vary dramatically for private loans based on the issuer and the borrower and they frequently fluctuate, we have selected a conservative interest rate based on an average from a collection of top lenders. Click here for more information on private student loan interest rates.
| Total 4 Year Net Price | $??,??? | |
| + Total Loan Fees | $??,??? | |
| + Total Loan Interest | $??,??? | |
| = Total Cost of Degree | $???,??? |
| Type | Description | Risk | Estimated Cost | |
| Cost Inflation | ?? average annual cost increase. | High | ?? | |
| Financial Aid Reduction | Undergrad average aid is only ?? of freshman average aid. | Low | ?? | |
| Graduating Late | The average student takes ?? years to graduate. | Med | ?? | TOTAL: | ?? |
We estimate the fair market value of one year at this school to be $??,???, which is ??% above/below our its sticker price of $??,???.
Your price of $??,??? is ??% above/below our estimated fair market price.
| Cohort | Cohort Size | Sticker Price | Net Price | Discount |
| All Undergrads (2014-15) | All undergrad students. | $??,??? | $??,??? | ??% |
| Freshmen Receiving Aid (2014-15) | ?? | $??,??? | $??,??? | ??% |
| Freshmen w/ Similar Income (2014-15) | ?? | $??,??? | $??,??? | ??% |
| Your Offer | 1 (you) | $??,??? | $??,??? | ??% |
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