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Advisory Committee on Student Financial Assistance, 2011
In making decisions about college, it is essential that students and parents focus on net price, which is the dollar amount that must be paid after subtracting financial assistance from cost of attendance. A net price calculator is one of two financial aid tools designed to provide students and parents with accurate and timely information about…
Descriptors: Higher Education, Paying for College, Computation, Decision Making
US Government Accountability Office, 2009
In fiscal year 2008, the Department of Education oversaw the distribution of approximately $96 billion in federal student financial aid, including $14.6 billion in Pell Grants to low- and middle-income students, to help students and their families pay for higher-education expenses. Much of this aid was distributed based on a formula specified in…
Descriptors: Higher Education, Paying for College, Student Financial Aid, Funding Formulas