NMU's Compliance Database - Northern Michigan University
HEOA - Net Price Calculator
Reviewed By | Internal Auditor Owner |
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 |