The tool provided by Auburn University allows prospective students to estimate the cost of attendance after grants and scholarships are considered. This estimate considers tuition, fees, room and board, books, and other potential expenses, providing a more personalized figure than the published “sticker price.” For example, a student might find that their estimated cost is significantly lower than the published tuition due to eligibility for need-based or merit-based aid.
Accessing a personalized cost estimate empowers students and families to make informed decisions about higher education. Understanding the potential financial burden early in the college search process can alleviate stress and allow for realistic financial planning. Historically, navigating college costs has been complex and opaque. Tools like this represent a shift towards greater transparency and accessibility in higher education financing.
