Net Price Calculator
We make every effort to determine who is and is not eligible for aid by using a standardized process. There is no arbitrary income cut-off figure; each family is considered individually, according to its own situation. The amount of money your family will be expected to contribute is calculated according to an institutional method used by many private colleges in the country, and amended in some cases by college policy or federal methodology.
The Net Price Calculator simulates the complex financial aid process by asking a limited number of questions. This tool is designed to give students an early indication of the amounts and types of financial aid for which they might qualify. The figures generated here will estimate the net price for a full-time, first-year student attending Colorado College during the upcoming academic year. This calculator is not an application for or a guarantee of a particular financial aid package. Instead, it is intended to assist families in making informed decisions concerning college choices. Students and parents completing the calculator are asked to answer some basic questions about family finances, so it will be helpful to have recent tax forms or pay stubs on hand before beginning.
The process examines income, number of family members, number of children in college, assets, savings, investments, mortgage debt, medical expenses, how close parents are to retirement, and admission credentials. This complex process has a simple objective — to determine what you and your family can afford to contribute to your education. We believe that families have the first responsibility for contributing to college costs. If parents are divorced or separated, the calculator should be completed by the custodial and non-custodial parents individually. The separate EFCs should then be added together for the final family contribution. We provide an affordability plan to help meet the difference in college costs and your family's resources.
You should note that, except in unusual circumstances, Colorado College will not award need-based aid without taking into consideration parents' financial circumstances. In the case of divorced or separated parents, each parent is expected to provide financial information.