1. “How much can my family and I afford to pay for college each year?”
Unfortunately, many young people go about their college search as if financial aspects are a nonissue. These students are often disappointed in the end, when they learn that their number-one college choice is unaffordable. Determining the amount you and your family can afford before beginning your applications will prevent this and allow you to find a school within your budget.
2. “How can I use net price calculators to estimate the amount each college will cost me?”
Every college in the country has a net price calculator on its website. A college’s net price calculator helps you to estimate the amount you will have to pay, or your net price, at that school. Net price is defined as the sticker price minus any grants and/or scholarships provided. It is important to understand your net price because this price is what your family will actually have to pay. If it matches what you have determined you can afford, that school is a financial fit....