An instrument provided by the institution estimates the cost of attendance after factoring in potential grant and scholarship aid. This tool requires the input of financial and academic information to generate an estimated financial aid package and projected out-of-pocket expenses. For example, a prospective student might enter their family’s income, assets, and academic achievements to receive a personalized cost projection.
This resource is valuable for families planning for higher education expenses. It allows families to understand the potential financial commitment involved in attending the institution and facilitates informed decision-making regarding affordability and financing options. Historically, such resources have become increasingly common as institutions strive for transparency and accessibility in tuition costs.