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Full price info · Scholarships and grants

How scholarships and grants change the real price

A degree has three prices: the sticker price on the brochure, the average net price after grant aid, and the price in your own written aid offer. This page explains how to read the first two honestly, and why only the third one can budget a family.

The three prices, in order of trust

  1. Your aid offer. A written letter from the school naming grant amounts, conditions, and renewal rules. This is the only figure you can budget against.
  2. Average net price. The federal IPEDS figure republished by College Scorecard: published cost of attendance minus the average grant or scholarship aid, for full-time, first-time students who received federal Title IV aid. Useful for comparing how schools treat a typical aided freshman. It excludes part-time students, transfer students, and students who received no federal aid.
  3. Sticker price. Tuition, fees, room, board, and books before any aid. It is the ceiling, the number aid gets subtracted from, and the right starting point for a worst-case budget.

What "average grant aid" actually counts

The IPEDS Student Financial Aid survey reports the share of all undergraduates who received grant or scholarship aid from federal, state, or institutional sources, and the average amount per recipient. Two traps hide inside that average. First, a high average can reflect a few very large merit awards rather than broad discounting; the percentage receiving aid is the better breadth signal, which is why our school pages show both. Second, private outside scholarships are excluded, so a student with strong local scholarship support can land below the published average net price.

The arithmetic we show, labeled as arithmetic

On each school page we place College Scorecard's cost of attendance next to its average net price. The gap between them is, by the federal definition, the average grant discount for that net-price cohort. We label it as an implied average, never as a promised discount, because the cost basis and the student cohort come from the same federal release but describe an average student who does not exist. A family should run three cases in the True Degree Price Calculator: sticker price with no aid, the school's average grant applied, and the actual written offer when it arrives.

Reading a school's aid profile in 60 seconds

  • High share receiving aid plus a high average grant usually means broad institutional discounting. Expect negotiation room and check renewal conditions.
  • Low share receiving aid plus a low average grant usually means the sticker price is close to the real price for most students. Compete on total cost, not on aid strategy.
  • A large gap between sticker and average net price at a private school is normal. A large gap at a public school usually reflects nonresident students in the net-price cohort; residents should budget from the resident sticker.

What averages hide

Family income. Net price by income band varies enormously at the same school, and a family above the top band can pay close to sticker even where the published average looks gentle. Time. Every figure names its academic year and the date we checked it; aid budgets change annually. Renewal risk. A first-year grant that is not guaranteed for four years is a one-year discount, not a price. And loans. Federal loan uptake never reduces a price on this site, because debt is deferred payment, not savings.

Full price picture: 50 schools

Sticker totals are this site's one-year published totals on a resident basis where applicable. Grant averages are IPEDS 2022-23, all undergraduates. Net price is College Scorecard's federal average. City unemployment is BLS metro data for August 2026 (preliminary). Earnings are College Scorecard median earnings ten years after entry. Every school page carries the field names and checked dates.

SchoolOne-year stickerShare with grant aidAvg grant per recipientAvg net priceDorm capacityMetro unemploymentMedian earnings, 10 yrs
Harvard University
Cambridge, Massachusetts
$83,866 49% $55,827 $19,066 14,344 beds 4.1% (Boston-Cambridge-Newton, MA-NH) $101,817
Stanford University
Stanford, California
$94,140 60% $58,688 $13,807 14,415 beds 4.3% (San Jose-Sunnyvale-Santa Clara, CA) $124,080
Massachusetts Institute of Technology
Cambridge, Massachusetts
$90,264 64% $55,629 $20,111 7,610 beds 4.1% (Boston-Cambridge-Newton, MA-NH) $143,372
Yale University
New Haven, Connecticut
$95,100 55% $60,846 $23,777 5,576 beds 4.9% (New Haven, CT) $100,533
Princeton University
Princeton, New Jersey
$83,988 60% $62,593 $6,128 5,526 beds 4.9% (Trenton-Princeton, NJ) $110,066
Columbia University
New York, New York
$97,930 55% $52,519 $21,590 13,284 beds 4.7% (New York-Newark-Jersey City, NY-NJ) $102,491
University of California, Los Angeles
Los Angeles, California
$37,885 55% $21,007 $12,548 23,912 beds 4.8% (Los Angeles-Long Beach-Anaheim, CA) $82,511
University of California, Berkeley
Berkeley, California
$41,318 57% $22,996 $13,481 9,899 beds 4.6% (San Francisco-Oakland-Fremont, CA) $92,446
University of Michigan, Ann Arbor
Ann Arbor, Michigan
$35,334 52% $24,478 $13,138 11,631 beds 4.2% (Ann Arbor, MI) $83,648
University of Texas at Austin
Austin, Texas
$27,240 51% $12,383 $19,857 7,960 beds 3.9% (Austin-Round Rock-San Marcos, TX) $75,121
University of Florida
Gainesville, Florida
$19,311 83% $9,719 $6,541 11,668 beds 5.4% (Gainesville, FL) $71,588
Ohio State University, Columbus
Columbus, Ohio
$29,012 62% $11,931 $17,339 15,097 beds 3.3% (Columbus, OH) $60,409
Pennsylvania State University, University Park
University Park, Pennsylvania
$36,318 49% $13,716 $32,875 14,238 beds 3% (State College, PA) $63,435
New York University
New York, New York
$87,768 46% $40,263 $37,050 12,577 beds 4.7% (New York-Newark-Jersey City, NY-NJ) $82,509
Boston University
Boston, Massachusetts
$88,122 48% $50,703 $24,402 11,767 beds 4.1% (Boston-Cambridge-Newton, MA-NH) $83,238
Northeastern University
Boston, Massachusetts
$86,742 65% $34,044 $30,915 11,759 beds 4.1% (Boston-Cambridge-Newton, MA-NH) $92,538
University of Washington, Seattle
Seattle, Washington
$32,278 39% $15,799 $14,091 10,230 beds 4.8% (Seattle-Tacoma-Bellevue, WA) $78,466
Georgia Institute of Technology
Atlanta, Georgia
$26,466 70% $11,761 $12,116 8,805 beds 3.4% (Atlanta-Sandy Springs-Roswell, GA) $102,772
University of North Carolina at Chapel Hill
Chapel Hill, North Carolina
$24,088 52% $15,205 $11,655 10,006 beds 3.3% (Durham-Chapel Hill, NC) $72,200
University of Virginia
Charlottesville, Virginia
$38,083 42% $26,492 $21,565 7,363 beds 3.2% (Charlottesville, VA) $86,863
Texas A&M University
College Station, Texas
$27,266 57% $11,036 $21,315 11,357 beds 4% (College Station-Bryan, TX) $72,097
University of Central Florida
Orlando, Florida
$20,020 69% $7,929 $10,411 7,582 beds 4.6% (Orlando-Kissimmee-Sanford, FL) $58,308
Arizona State University
Tempe, Arizona
$30,255 77% $12,396 $14,967 16,179 beds 4.9% (Phoenix-Mesa-Chandler, AZ) $62,668
University of Wisconsin-Madison
Madison, Wisconsin
$26,827 42% $14,133 $17,354 8,949 beds 2.9% (Madison, WI) $73,792
University of Illinois Urbana-Champaign
Champaign, Illinois
$31,726 55% $16,592 $14,355 15,766 beds 3.8% (Champaign-Urbana, IL) $81,054
Michigan State University
East Lansing, Michigan
$30,402 73% $9,950 $19,680 17,503 beds 4.6% (Lansing-East Lansing, MI) $67,253
Purdue University
West Lafayette, Indiana
$23,882 43% $10,024 $14,600 16,270 beds 3.5% (Lafayette-West Lafayette, IN) $72,424
Indiana University Bloomington
Bloomington, Indiana
$27,378 66% $11,389 $16,264 12,496 beds 3.8% (Bloomington, IN) $63,742
University of Georgia
Athens, Georgia
$24,056 86% $10,849 $13,936 10,759 beds 3% (Athens-Clarke County, GA) $68,726
North Carolina State University
Raleigh, North Carolina
$24,007 51% $11,521 $17,303 10,291 beds 3.1% (Raleigh-Cary, NC) $68,758
Rutgers University, New Brunswick
New Brunswick, New Jersey
$35,061 55% $14,940 $24,406 15,305 beds 4.7% (New York-Newark-Jersey City, NY-NJ) $74,479
University of Maryland, College Park
College Park, Maryland
$29,017 50% $12,278 $15,678 12,479 beds 3.8% (Washington-Arlington-Alexandria, DC-VA-MD-WV) $82,860
Virginia Tech
Blacksburg, Virginia
$35,176 52% $9,452 $24,953 10,213 beds 4% (Blacksburg-Christiansburg-Radford, VA) $81,698
University of Colorado Boulder
Boulder, Colorado
$35,334 49% $11,665 $25,346 7,550 beds 4.6% (Boulder, CO) $69,738
University of Utah
Salt Lake City, Utah
$24,175 60% $10,312 $16,200 5,956 beds 3.7% (Salt Lake City-Murray, UT) $67,170
University of Minnesota, Twin Cities
Minneapolis, Minnesota
$32,070 51% $11,363 $16,778 7,558 beds 4.7% (Minneapolis-St. Paul-Bloomington, MN-WI) $69,020
Florida International University
Miami, Florida
$20,995 61% $8,796 $9,288 4,403 beds 3.7% (Miami-Fort Lauderdale-West Palm Beach, FL) $60,249
Stony Brook University
Stony Brook, New York
$30,027 65% $9,940 $18,784 10,501 beds 4.7% (New York-Newark-Jersey City, NY-NJ) $74,502
University of Southern California
Los Angeles, California
$93,228 69% $44,920 $32,740 8,500 beds 4.8% (Los Angeles-Long Beach-Anaheim, CA) $92,498
Duke University
Durham, North Carolina
$87,422 52% $53,004 $29,612 5,775 beds 3.3% (Durham-Chapel Hill, NC) $97,800
Vanderbilt University
Nashville, Tennessee
$90,746 66% $53,335 $15,846 6,009 beds 3.1% (Nashville-Davidson--Murfreesboro--Franklin, TN) $91,565
Rice University
Houston, Texas
$83,684 63% $50,264 $13,370 3,477 beds 5% (Houston-Pasadena-The Woodlands, TX) $89,718
University of Notre Dame
Notre Dame, Indiana
$84,175 61% $47,922 $26,780 6,934 beds 4.2% (South Bend-Mishawaka, IN-MI) $99,980
Georgetown University
Washington, District of Columbia
$89,813 35% $46,162 $40,815 5,340 beds 3.8% (Washington-Arlington-Alexandria, DC-VA-MD-WV) $103,494
Emory University
Atlanta, Georgia
$85,762 55% $47,663 $22,585 4,813 beds 3.4% (Atlanta-Sandy Springs-Roswell, GA) $80,137
Washington University in St. Louis
St. Louis, Missouri
$88,948 44% $53,057 $21,786 7,088 beds 3.9% (St. Louis, MO-IL) $86,182
Brigham Young University
Provo, Utah
$17,476 72% $7,507 $15,564 7,697 beds 4.1% (Provo-Orem-Lehi, UT) $75,790
University of Chicago
Chicago, Illinois
$92,571 51% $48,772 $14,860 4,568 beds 5.2% (Chicago-Naperville-Elgin, IL-IN) $91,885
Dartmouth College
Hanover, New Hampshire
$89,272 49% $59,603 $29,519 3,875 beds 2.4% (Lebanon-Claremont, NH-VT) $97,434
University of Miami
Coral Gables, Florida
$87,672 69% $37,436 $37,244 4,668 beds 3.7% (Miami-Fort Lauderdale-West Palm Beach, FL) $75,328

Rent context: the Census Bureau's American Community Survey API now requires a registered key, so this table does not publish a median rent figure yet. When access is in place, each school page will add the ACS median gross rent for its city with the survey year, labeled as area context rather than a school price.

Common questions

What is the difference between sticker price and net price?

Sticker price is the published cost of attendance before aid. Net price is that cost minus grant and scholarship aid for a defined group of students. The federal average net price covers only full-time, first-time students who received Title IV aid, so it never describes every student.

Is an average grant the same as my grant?

No. An average mixes students with very different family incomes, merit profiles, and residency. Your written aid offer is the only confirmed grant figure. Averages tell you whether a school tends to discount heavily or lightly.

Why do two sources show different prices for the same school?

Sources differ by academic year, by which costs are included, and by which students are counted. This site names the source, field, and checked date for every figure instead of blending them into one unlabeled number.

Should loans be subtracted from the price?

No. Loans move payment into the future with interest. Grants and scholarships reduce the price. Keep the two in separate columns on any worksheet.

Why is city rent context missing?

The Census Bureau API now requires a registered key. Rather than publishing an unverified rent figure, this site shows BLS metro unemployment data and says plainly that the Census rent figure is not published yet.