Scholarship News

Fed Law Requires College Net Price Calculators, Experts Question Accuracy


June 23, 2011
by Alexis Mattera

How much will it cost to attend the school of your dreams? The federal government hopes its new law will make that question easier to answer but higher education experts have their doubts where accuracy is concerned.

How much will it cost to attend the school of your dreams? The federal government hopes its new law will make that question easier to answer but higher education experts have their doubts where accuracy is concerned.

ADVERTISEMENT

By this October, the federal government will require all U.S. higher education institutions to offer net price calculators on their websites so prospective college students can easily compare attendance costs earlier in their college searches. Users will be asked questions about their financial and academic backgrounds and their answers – and the calculator’s tallies of tuition, fees, books, housing and food, minus scholarships and grants – will reveal the net price to attend that particular school. Though many experts are glad students will have access to this information, accuracy is a concern. Certain factors won’t be taken into consideration because direct student-to-school contact has been eliminated; for example, Washington University is willing to adjust financial aid packages if a parent loses their job and this might not be reflected in the calculators’ answers.

It’s likely the law will be revised to make side-by-side comparison more accurate before the calculators are implemented - read more about the net price calculators in today’s St. Louis Post-Dispatch - but would you use this new technology or do you think it’s still too early to glean accurate information?

College is expensive. Scholarships.com has done the work for you. Pay for your college education with free college scholarship money. Get matched to college scholarships instantly and start applying today by conducting a free college scholarship search at Scholarships.com.

ADVERTISEMENT

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 
ADVERTISEMENT
ADVERTISEMENT
When you get acceptance letters from multiple colleges, there’s nothing wrong with taking some time to celebrate. But once the mental confetti has fallen, it’s time to decide: which school do you actually want to attend?

Comparing College Financial Aid Offers

April 5, 2023
by Zina Kumok
When you get acceptance letters from multiple colleges, there’s nothing wrong with taking some time to celebrate. But once the mental confetti has fallen, it’s time to decide: which school do you
High school students planning to work in a STEM-based field can rest assured about their career prospects. Research shows that STEM jobs will grow more than twice as rapidly as non-STEM jobs over the next 8 years.

The Lockheed Martin STEM Scholarship

March 30, 2023
by Zina Kumok
High school students planning to work in a STEM-based field can rest assured about their career prospects. Research shows that STEM jobs will grow more than twice as rapidly as non-STEM jobs over the
Did you know that there are more scholarships with deadlines in March than any other month? Now is the time to put in a little bit of your time to apply for as many scholarships as you possibly can. Of course, you are going to want to prioritize wisely, with just over a week left in the month.

Top 5 Scholarships for March 2023

March 22, 2023
by Kevin Ladd
Did you know that there are more scholarships with deadlines in March than any other month? Now is the time to put in a little bit of your time to apply for as many scholarships as you possibly can.
Most major tech companies offer scholarships for prospective or current college students. While some of those are geared toward all students, other scholarships are designed to fix the racial disparity within the tech industry. According to research from 2021, fewer than 10% of STEM employees in the workforce are African-American. The Blacks at Microsoft Scholarship aims to close the gap and encourage more Black students to major in STEM-related fields.

Blacks at Microsoft Scholarship

February 22, 2023
by Zina Kumok
Most major tech companies offer scholarships for prospective or current college students. While some of those are geared toward all students, other scholarships are designed to fix the racial
It’s nearly mid-January already and by now you all should have completed the FAFSA and, if you are on top of things, be applying to scholarships on a daily or at least semi-weekly basis. Even if you haven’t started the scholarship application process yet, you still have a ton of opportunities ahead of you. We are in the heart of scholarship season, with the most scholarships coming online in January of any month in 2023. Below, we put together a list of five great examples of very significant scholarships ranging from ten grand all the way up to $40,000.

Top 5 Scholarships Worth $10K to $40K in January

January 12, 2023
by Kevin Ladd
It’s nearly mid-January already and by now you all should have completed the FAFSA and, if you are on top of things, be applying to scholarships on a daily or at least semi-weekly basis. Even if you