The PlattForm Net Price Calculator

Like it or not, all schools must comply with HEOA’s requirement to have a net price calculator on the school website by October 29th. The calculator determines the true cost of attending the school.

With around two months to go, how are schools dealing with this latest challenge? If the Chinese fire drill that happened earlier this summer with ad disclaimers is any indication, many schools might get caught off guard and rush to comply at the last minute.

Our goal here is make sure that doesn’t happen and guide you from making mistakes. One potential mistake is relying on the free federal template. It’s hard to argue with free but the truth is, it could cost your school.

The National Association for College Admission Counseling showed that 70 percent of the time, the federal template provided inaccurate results. In fact, the most frequent inaccuracy was showing the school was more expensive than it actually was.

Is that the kind of message you want to send to prospective students? That your school costs more than it does? This is probably not the time to roll out a prestige pricing strategy.

Here’s a better solution---PlattForm’s Net Price Calculator. It meets HEOA requirements, plus gives you a great many student-focused benefits and administrative tools. The list of features is impressive, especially when compared.

Simply put, you get more—a lot more—with PlattForm’s Net Price Calculator. With our calculator on your school website, what started out as a compliance requirement will have become a marketing advantage.

Students and parents will know the true costs of attending your school. The role of financial aid will be made simpler to understand. Students and parents will be more educated and involved. As a result, you can expect to see increased conversion rates.

In other words, from something bad comes something good.

Click here to demo the PlattForm Net Price Calculator or call 1.877.261.6363. Have a perspective on net price calculators and HEOA’s deadline? Leave us a comment.