02.13.18

Estimate Your College Costs!

Wondering what it might cost for your child to attend the college of their choice?  There’s a simple way to find out at www.indianacollegecosts.org!  The Indiana College Costs Estimator is also the tool the Foundation uses to determine financial need for our scholarships that consider it.  According to their website,

“A key feature of this site is designed to help first-time undergraduates better understand what kind of financial aid you may be eligible to receive and how financial aid can affect your actual cost of attending college, since very few people pay “sticker price” to attend college! Please note that this tool is not designed for graduate students or those returning for a second credential. Please see our guide to graduate school financial aid to learn more about options for you.

To receive an estimate of your Expected Family Contribution (EFC) as well as estimates of financial aid at Indiana colleges and universities, you will need to complete five screens of information. The more fully and accurately you complete each screen, the more accurate the EFC estimate and the estimates of net cost for a chosen institution. Once you fill out the information, you will be able to see how your financial situation is calculated under the Federal Methodology and how that calculation influences financial aid packages from various Indiana institutions. You can also:

  • Conduct side-by-side comparisons of packaging estimates at Indiana colleges (up to three at a time)
  • Create “what-if” scenarios to see how the results can change as your circumstances change (financial, academic, etc.)

You can download THIS FORM for easy instructions on how to get started!