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College Net Price Calculators Now Required by Law




As of October 29, 2011 all U.S. colleges and universities that enroll full-time, first-time degree seeking undergraduates and participate in Title IV federal student aid programs must have a net price calculator on their website to help clarify the actual out-of-pocket expenses a student can expect to pay to attend the school.

The net price calculator estimates the price of attending a particular college minus the average amount that students receive in grants or scholarships, which a…

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