<p>Since I will be a transfer student, I am weighing my options with out of schools. The school I am considering is Fisk University. This is a private school, so the in state & out of state tuition is the same. Majority of the students who go there are out of state students also. The total amount of fees come out to being around $34,000. After I do the net price calculator, it comes out to be around $13,000. Do you think this is somewhat accurate? I don't want to get my hopes up.</p>
<p>Is it asking you if you are a transfer student?</p>
<p>What numbers did you put in? Can you copy/paste your results?</p>
<p>Out of curiousity, I put in a fictional student’s info…age 20, family of 4, one in college, income $40k, and the aid was awful.</p>
<p>Estimated total price of attendance: $34,154
a. Estimated tuition and fees $19,462
b. Estimated room and board $9,092
c. Estimated books and supplies $1,600
d. Estimated other expenses
(Personal expenses, transportation, etc.) $4,000
Estimated total grant aid:
(Includes both merit and need based aid) $3,820
Estimated net price:
(Price of attendance minus grant aid) $30,334</p>
<p>Financial aid Yes
Age 20
Marital Status No
Children No
Number in Family Four
Number in College One child
Household Income Between $40,000 - $49,999</p>
<p>Also did with age 18 and got the same result.</p>
<p>Sure.</p>
<p>What I put in:
Financial aid Yes
Age 20
Marital Status No
Children No
Number in Family Four
Number in College One child
Household Income Between $90,000 - $99,999 </p>
<p>My results:
Academic Year: 2013-14 </p>
<p>Estimated total price of attendance: $34,154
a. Estimated tuition and fees $19,462
b. Estimated room and board $9,092
c. Estimated books and supplies $1,600
d. Estimated other expenses
(Personal expenses, transportation, etc.) $4,000
Estimated total grant aid:
(Includes both merit and need based aid) $20,200
Estimated net price:
(Price of attendance minus grant aid) $13,954</p>
<p>It didn’t ask me if I was a transfer student. I just assumed it would know if I was one since I put in I was 20. Others schools don’t really give me financial aid, because my family makes so much, so I was surprised when Fisk would give me financial aid.</p>
<p>The financial aid calculators do not take into account whether a student is a transfer student or not, unless they are so calibrated to do so. There would be a question if that were the case. </p>
<p>The NPCs are accurate ON AVERAGE. If you are not in that average range, then it isn’t necessarily be correct. If any consideration other than pure need is made in allocating the awards, it isn’t correct. If there is anyfamily business, it is often not correct. If there are complicated assts, it may not be correct. And if the school has a different formula and way of allocating aid for transfers, it isn’t correct.</p>
<p>how odd…why would you get MORE aid then the “fictional low income student” would.</p>
<p>There is something wrong with their calculator.</p>
<p>I did it again with the same info and $60k income.</p>
<p>Academic Year: 2013-14</p>
<p>Estimated total price of attendance: $34,154
a. Estimated tuition and fees $19,462
b. Estimated room and board $9,092
c. Estimated books and supplies $1,600
d. Estimated other expenses
(Personal expenses, transportation, etc.) $4,000
Estimated total grant aid:
(Includes both merit and need based aid) $8,500
Estimated net price:
(Price of attendance minus grant aid) $25,654</p>
<p>And here it is for $70k income</p>
<p>Academic Year: 2013-14</p>
<p>Estimated total price of attendance: $34,154
a. Estimated tuition and fees $19,462
b. Estimated room and board $9,092
c. Estimated books and supplies $1,600
d. Estimated other expenses
(Personal expenses, transportation, etc.) $4,000
Estimated total grant aid:
(Includes both merit and need based aid) $13,700
Estimated net price:
(Price of attendance minus grant aid) $20,454</p>
<p>And here it is for $50k income
Academic Year: 2013-14</p>
<p>Estimated total price of attendance: $34,154
a. Estimated tuition and fees $19,462
b. Estimated room and board $9,092
c. Estimated books and supplies $1,600
d. Estimated other expenses
(Personal expenses, transportation, etc.) $4,000
Estimated total grant aid:
(Includes both merit and need based aid) $5,900
Estimated net price:
(Price of attendance minus grant aid) $28,254</p>
<p>Contact the school…their NPC is doing something very wrong. Copy paste my results and email it to them.</p>
<p>@cpto do you know why families who make more seem to have to pay less on this NPC? I find that strange. Usually it is the other way around.</p>
<p>@mom2collegekids I have no idea. If I would’ve put in that my family makes $100,000, I would have to pay close to nothing. That just seems really odd to me. Now I am thinking this NPC is way off…</p>
<p>Their NPC is very wrong. They would NOT give more money to higher incomes. Contact them and let them know that their NPC is making huge mistakes.</p>
<p>@mom2college kids I’ll do that. This would’ve made sense if it was asking merit-based questions, but it is not. I don’t even see transfer scholarships on their site. Man, I don’t know how I am going to be able to afford college of my choice, smh.</p>
<p>No it will not know if you are a transfer student, I wouldn’t assume. Most calculators are just for freshmen because that is who usually get most of the aid. Contact the admissions office, ask them if the calculator is good for transfer students. The notes say first time degree seeking undergrad and I don’t know if that means freshman someone here may know.</p>
<p>In addition it seems really strange that at each income level, the more money you make the more aid you get. Yes I had to try it.</p>
<p>In general, though, to answer your original questions, the NPC is accurate for some and inaccurate for others. It depends.</p>
<p>*Contact the admissions office, ask them if the calculator is good for transfer students. *</p>
<p>Yes, but be sure to make them aware of the errors on their NPC; they may not be aware.</p>
<p>Man, I don’t know how I am going to be able to afford college of my choice, smh.</p>
<p>Frankly, probably most people can’t afford the college of their choice. Most people just have to commute to their local state college or state univ. Did apply to your local state univ? If so, is it affordable?</p>
<p>@mom2collegekids Right now, I attend a community college. Tuition is a little over $4,500 a year. I am able to pay this out the pocket with my part-time job. My state Universities are affordable. However, I am not interested in any. </p>
<p>I was very attracted to Fisk University’s business program. My dad agrees that we can not afford out-of-state tuition. But when he seen how much Fisk would be when I used the NPC, he agreed he would use the parent-plus loan to cover what I wasn’t able to afford. Since we now know the NPC may be way off, I no longer know what my options are.</p>
<p>Fisk needs to know that their NPC has some serious bugs in it. lol</p>
<p>I know, lol. It is like false hope to the max! After the transfer admission guy emails me back, I will let him know that the NPC calculator is way off. If he responds, I will be sure to post his response here to like you guys know if the results are accurate or not. Thanks a lot of the advice thus far though. I would’ve never have questioned it if you guys didn’t try it also.</p>
<p>Most net price calculators are really for incoming freshmen. They tend to be less accurate for transfer students. </p>
<p>But the NPC results mom2 is getting indicate something is very wrong with their NPC. </p>
<p>I really think you should reconsider your stance on your affordable instate public universities.</p>
<p>@thumper1 thanks. I just contacted their financial aid department with the issue we have encountered. </p>
<p>I will also consider that. I am just a freshmen in college, so I have a while to think about this. I am just weighing my options, since I am already close to 60 credits.</p>
@london16 I know this is an old thread but do you recall what they said about the net price calculator when you contacted them?