Cracking the Code: Unveiling the Real Cost of College

A new tool by Forbes allows students and families to estimate the average net cost of attending any of the 500 schools on their list of America's Top Colleges. The tool takes into account family income and provides a percentage of the list price that represents the net cost. This helps students make more informed decisions about college choices and avoid ruling out schools based solely on sticker prices. Additionally, completing the FAFSA form is crucial for receiving federal grants and loans, as well as institutional need-based or merit aid. The form has undergone changes, including a simplified format and adjustments to the student aid formula. Private colleges may also require the CSS Profile form for financial aid calculations.