HEOA - Net Price Calculator

URL: https://nmu.edu/financialaid/CostCalculator
Regulation Reference Cite Public Law No. 110-315; 20 U.S.C. § 1015
Report Due Date (Actual) N/A
Level Consumer Protection Posting
Oversight Unit FINANCIAL AID
Person Responsible Michael Rotundo
Secondary Person Responsible Christine Larson
President / VP Level Provost
Description

Section 111: Within two years of the Ed net calculator, schools that receive Title IV funds will be required to publicly share a net price calculator to help current and prospective students estimate their individual net price at that school as well as other financial aid information. Effective July 1, 2011, if the University institutes a large percentage increase in tuition and fees or net price, a report must be submitted to the Department of Education providing the reason for the increase and the steps that will be taken to reduce cost.

Contacts and Data Sources

Mike Rotundo links financial aid page called the financial aid toolbox to the net price calculator. It sits on the admissions webpage, but Mike Rotundo is responsible for the calculations included. jc https://www.nmu.edu/admissions/Calculator http://www.nmu.edu/financialaidtoolbox/pricecalculations
Internal Notes

This compliance item has notes that are available internally to the oversight unit. Please contact the Risk Management Department for more information