Hello there! I'm a bit confused on using the net price calculator for Colgate University. Could someone explain how to get the most accurate estimate? Any tips on what information I should have ready?
Sure, I'd be happy to help! Primarily, you'd want to prepare some financial documents before you start using Colgate's Net Price Calculator. Specifically, you'd want to gather:
1. Your parents' most recent federal income tax returns.
2. W-2 forms or other records of your parents' current year income.
3. Records of untaxed income your family may receive, such as child support or interest income.
4. Information on savings, investments, and assets. This includes checking and savings account balances, as well as the value of investments like stocks and bonds.
Then, it's simply a matter of accessing the Net Price Calculator on Colgate's official website (usually under the Financial Aid section), entering the required information, and following the prompts given.
Also, keep in mind that the calculator is just providing an estimate. The actual aid you receive could be different. The estimate is more accurate for domestic students than for international students because the calculator is based on policies for U.S. federal aid. And finally, if your family's financial situation is complex or unusual (for example, if your parents are divorced or if your family owns a business), the calculator's estimate may be less accurate.
I hope this was helpful! Don't hesitate to ask if you have additional questions.
CollegeVine’s Q&A seeks to offer informed perspectives on commonly asked admissions questions. Every answer is refined and validated by our team of admissions experts to ensure it resonates with trusted knowledge in the field.