New 'Net Price Calculators' Required By Law May Bring Sticker Shock To Families Planning For College
Monday, August 8, 2011
Source:
Based on tuition alone, it would cost $7,702 a year to attend the University of Michigan-Flint.
Plan to live on campus or in an apartment? Cha-ching. What about books? Cha-ching again.
The total cost for an in-state UM-Flint student living independently: $19,114.
But for students who qualify for grants, that price could drop to $14,856. Living at home? Make that $10,884.
It’s the type of math the campus’s new “net price calculator” provides students to show them college costs that go beyond sticker price.
Plan to live on campus or in an apartment? Cha-ching. What about books? Cha-ching again.
The total cost for an in-state UM-Flint student living independently: $19,114.
But for students who qualify for grants, that price could drop to $14,856. Living at home? Make that $10,884.
It’s the type of math the campus’s new “net price calculator” provides students to show them college costs that go beyond sticker price.
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