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what is a net price. Net Price is the amount that a student pays to attend an institution in a single academic year AFTER subtracting scholarships and grants the student receives. There is a list price or manufacturers suggested retail price MRSP which is a kind of baseline price.
College Board S Net Price Calculator Is A Free Tool For Students And Parents To Learn About College Costs Potenti Price Calculator College Costs College Board from www.pinterest.com
A net price calculator is essential to understanding the true price of a school compared to other options. The net price is what the customer effectively pays for a product or service. The list price and the net price are the same when no discounts or rebates are applied to the product.
The net price is also the price upon which sales taxes are based.
What does Net Price mean. Knowing how the net price is calculated is crucial to understanding college pricing and what your student will pay for their college education. The net price you pay for a particular college is specific to you because its based on your personal circumstances and the colleges financial aid policies. The net price is also the price upon which sales taxes are based.
