Average College Net Price by Family Income
The "net price" is the amount a student pays to attend an institution after subtracting scholarships and grants. This price can vary dramatically based on a family's income. This page breaks down the average net price across different income levels.
What is Net Price?
Net Price = (Tuition and Fees) + (Room and Board) + (Books and Supplies) - (Grants and Scholarship Aid)
It's the best measure of what college will actually cost you. Families with lower incomes generally receive more grant aid, resulting in a lower net price.
Average Net Price at Public 4-Year Institutions (2022-23)
- $0 - $30,000 Income $11,250
- $30,001 - $48,000 Income $13,500
- $48,001 - $75,000 Income $16,860
- $75,001 - $110,000 Income $20,440
- $110,001+ Income $23,540
Calculate Your Own Net Price
Every college that participates in federal student aid programs is required to have a Net Price Calculator on its website. Use these tools for a personalized cost estimate.
Find a Net Price Calculator (Example)