🏫 College Advising

When advising a student about potential college costs, what is the primary purpose of utilizing a college's Net Price Calculator?

A To guarantee the exact amount of financial aid a student will receive upon admission.
B To provide a personalized estimate of the total out-of-pocket cost for attendance after grants and scholarships.
C To determine a student's eligibility exclusively for federal student loans.
D To compare the advertised 'sticker price' of different institutions.

✓ Correct Answer: Option B

The Net Price Calculator estimates a student's likely financial aid package based on family finances, providing a personalized 'net price' after factoring in grants and scholarships, not just the sticker price.

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