Net Price Calculator
The purpose of this estimator is to help students and their families understand
the costs associated with attending The College of New Rochelle and the potential sources of financial aid the student may receive to help defray those costs.
How the Net Price Calculator Works
The calculator requires an estimated/expected family contribution
(efc) to begin the calculation of your net price for the
upcoming academic year. There are two(2) ways to supply your efc to the
- If you already have your estimated family contribution (efc), answer "yes" to the question at the end of this page and completely answer the question panel that follows.
- If you do not have your efc, one will be calculated for you. Simply answer "no" to the question at the end of this page. You will be presented with a series of question panels you must complete. None
of the information you input in the panels will be saved in any database. The
resulting efc is calculated using the same federal methodology employed by the
federal government when you complete the Free Application for Federal
Student Aid (FAFSA).
What the Net Price Calculator Calculates
- Fixed Cost of Attendance
- the set costs you must pay to the college for the upcoming
academic year. This calculation always includes tuition and fees. If you choose
to live on campus, room and board is added to tuition and fees.
- Variable Cost of Attendance
- the estimated costs of attendance that you may pay for
attending the college in the upcoming academic year. This figure includes books,
personal expenses, and transportation to and from the college. If you choose to
live off campus, an estimated room and board number is included in this figure.
- Estimated/Expected Family Contribution (EFC)
- the amount you and your family are expected to contribute toward your education costs.
- Estimated Student Need
- the amount of funds you are estimated to need to attend college for the upcoming
academic year. It is the cost of attendance minus your estimated family
- Estimated Financial Aid
- the funds contributed by the College and state and federal governments to help
pay for your education in the current academic year. This figure may include a
Pell grant (if you are an American citizen or Eligible Non-Citizen), NYS TAP
award (if you are a New York State resident), a merit scholarship, general
college aid, work/study aid, and/or federal loans.
- Fixed Net Price
- the amount of financial aid left after your total aid is applied to your fixed cost of
attendance. If the number is surrounded by parentheses, this amount may be
refunded to you to help to pay for your variable costs.
- Variable Net Price
- the amount of aid left after your variable costs are paid. This figure will also serve as you overall net price.
- Overall Net Price
- the amount you and your family are expected to contribute after all aid is
applied to your cost of attendance for the upcoming academic year. If there is a
set of parentheses surrounding this number, this aid will be refunded to you.
This program is a financial aid estimation program. As such, the information provided by the program is an approximation,
not a statement of fact. The sole purpose of this program is to give the student
and his/her family an idea what financial resources may be needed to attend CNR.
This is not a commitment of an actual aid award.
Please complete the two(2) questions below, and press the "Next" button. You
must answer the two questions or the calculator will not continue.