Provide cost transparency to your prospect students for better financial decisions
Net Price Calculator for Higher Education
For many students and parents, college enrollment decisions come down to cost. That’s why the federal government requires every college and university that offers federal student aid to have an online net price calculator.
Virtue Analytics helps colleges and universities to have net price calculators on their websites and allows students and their families to find the exact out-of-pocket cost after taking out the grants and scholarship amount from the total college cost.
Key Features & Benefits
Net Price Calculator helps increase Cost Transparency, Enrollment Yield, and NTR
Improve Lead Generation
Capture prospective student information early in their college search journey with an engaging cost estimation tool.
User Friendly Interface
Intuitive, responsive design that works seamlessly on desktop and mobile devices for easy access anywhere.
Better Student/Parent Engagement
Increase engagement by providing transparent, personalized cost estimates that build trust with families.
Custom Timing Report
Generate cost reports on your schedule with customizable timing options for institutional workflows.
Powerful Insights
Access detailed analytics about user behavior, financial aid trends, and affordability concerns.
Share NPC Report
Students can easily save and share their net price estimates with parents, counselors, and advisors.
Customized Solution
Fully branded and tailored to your institution's financial aid policies, scholarships, and cost structure.
Increase in Enrollment Yield
Help more students commit by removing cost uncertainty and showcasing institutional affordability.
Help Students in Financial Planning
Empower families to make informed decisions by understanding their true cost before applying.
Why do you need a
Net Price Calculator?
By providing customized student-specific estimates, NPC offers a more detailed and cost-transparent way of deciding which colleges they can afford.
- Gives the estimated cost of what they will pay for a particular college.
- NPC makes the comparison easier.
- Widen the choice of colleges so that the student can focus on enrollment instead of the sticker price.
- Helps to increase the leads and enrollment yield.
How to Start?
1. Schedule Your Demo
Book Your Free Demo to understand the key features and benefits of the Net Price Calculator.
2. Set Up the Platform
Customized platform based on your key metrices and fields.
3. Insights to your Goals
Clear recommendations that deliver results on all fronts, improve enrollment counts and NTR.
FAQs
Higher Education Opportunity Act of 2008 mandates universities and colleges to inform students and their families about the net price of education. At Virtue, we leverage open-source information by the department of education and project student-specific cost of education which is way more detailed compared to the department of education’s net price calculator.
- Increase lead generation and student/ parent engagement.
- Make students and parents financially literate about the true cost of education
- Accurate projection of the estimated cost helps families plan their finances and mediates the drop-out rates due to financial difficulties
- University can use net price calculator as lead generation tool for prospective students as our data shows 23% who joined the college has used the net price calculator for financial planning.
- Fosters cost transparency, enrollment yield, on-time graduation rates, and ultimately the net tuition revenue of the college.