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What is average institutional net price?

April 26, 2017average institutional NET price

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What is average institutional net price?

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The Higher Education Opportunity Act of 2008 2008 (HEOA) defines institutional net price as the average yearly price charged to full-time, first-time undergraduate students receiving student aid at an institution of higher education after deducting such aid. Essentially, net price moves beyond the ”sticker price” and provides students and families with an idea of how much a first-time, full-time undergraduate student who receives grant/scholarship aid pays to attend a particular institution after subtracting out that grant/scholarship aid.