Net Price

About this Indicator

This indicator measures the average net price a median-income family must pay for one year of full-time enrollment at a public two- or four-year institution. Net price is the total cost of attendance (tuition and fees, books, supplies, and room and board) minus institutional, local, state, and federal grant aid. This indicator utilizes median income for families with own children under 18 years old.

Data Source

Net price: National Center for Education Statistics. IPEDS: Student financial aid and net price.

Family income: U.S. Census Bureau. American Community Survey one-year estimates: Median family income in the past 12 months by presence of own children under 18 years.

Note. Due to sampling problems that occurred during the 2020 administration of the American Community Survey, the 2020 income levels represent 2019 income adjusted for inflation to 2020.