The online tool provided by Davidson College allows prospective students to estimate the cost of attendance after grants and scholarships are considered. This estimate provides a personalized figure based on individual financial circumstances, including family income, assets, and number of dependents. For example, a student from a low-income family might find their estimated cost significantly lower than the published tuition price due to substantial need-based aid.
Understanding the potential financial commitment associated with higher education is crucial for informed decision-making. This resource empowers families to plan and budget realistically for college expenses. Historically, navigating college affordability has been challenging, but tools like this enhance transparency and accessibility to financial aid information. This ultimately helps students and families make sound financial choices related to higher education.
