A
To determine a student's official eligibility for federal financial aid programs.
B
To provide an individualized estimate of the cost a prospective student might pay to attend that institution.
C
To guarantee the exact amount of scholarships a student will receive from the institution.
D
To replace the need for completing the Free Application for Federal Student Aid (FAFSA).
✓ Correct Answer: Option B
The Net Price Calculator gives prospective students an early, individualized estimate of their potential out-of-pocket costs for a specific college, factoring in estimated grant and scholarship aid.