Understanding the net price calculator

thumper1
Sat, 09 Jul 2016 14:06:37 +0000

The net price calculator might not be accurate for you as an independent student…

Did it ask for parent income and assets? Or not?

Did the net price calculator ask for your age? If not, it might not include the additional independent direct loan amount.

Also…did it ask if you were a transfer student or what year in school you are? If not…the estimate is likely for incoming freshmen.

The net price calculator update you are looking for is the one that will happen either late summer or early fall 2016. Policies do change. So run it again when it updates…if it asks if you are a transfer student.

Also it says “total grant aid”. Grants aren’t the same as loans. I would call the financial aid office at SIU and ask them what this all means.

In addition, speak to the transfer advisor at your community college. Sometimes they are familiar with financial aid policies at their 4 year publics…for transfers from community colleges.