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What Is the Price of College? Total, Net, and Out-of-Pocket Prices by Type of Institution in 2011–12 (NCES 2015-165)

NCES
Virtual
Mar 26, 2015
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This report describes total price of attendance, net price of attendance after all grants, and out-of-pocket net price after all financial aid for undergraduates enrolled in 2011–12. It is based on the 2011–12 National Postsecondary Student Aid Study (NPSAS:12), a nationally representative study of students enrolled in postsecondary institutions in the 50 states and the District of Columbia.

Although total price of attendance is a commonly cited measure of the price of college, most undergraduates and their families actually pay less because students receive financial aid. This report presents the average total price of attendance (tuition and living expenses), the average net price after grants (total price of attendance minus all grants), and the average out-of-pocket net price (total price of attendance minus all financial aid) by type of institution in the 2011-12 academic year.

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