The GVSU Net Price Calculator is a financial tool designed to assist prospective students and their families in estimating the net cost of attending GVSU after factoring in financial aid and scholarships. It’s an invaluable resource for making informed decisions about college affordability.
Formula of GVSU Net Price Calculator
To use the GVSU Net Price Calculator effectively, it’s essential to understand the formula it’s based on. Tuition costs for GVSU differ between lower division and upper division courses. Here’s the formula:
- Tuition for the lower division is $614 per credit hour.
- Tuition for the upper division is $644 per credit hour.
By inputting the number of credit hours for each division, prospective students can calculate the estimated cost of their education. However, instead of manually performing these calculations each time, a table of general terms can provide convenience and aid in financial planning.
General Terms Table
| Term | Value |
|---|---|
| Lower Division | $614 per credit hour |
| Upper Division | $644 per credit hour |
This table lists the standard tuition rates for both lower and upper division courses, which can be particularly helpful for students and families when planning their finances.
Example of GVSU Net Price Calculator
Let’s walk through an example to illustrate how the GVSU Net Price Calculator works. Suppose a student plans to take 12 credit hours of lower division courses and 9 credit hours of upper division courses. By inputting these values into the calculator, they can estimate their total tuition costs.
Lower Division Tuition: $614 x 12 credit hours = $7,368 Upper Division Tuition: $644 x 9 credit hours = $5,796 Total Estimated Tuition: $7,368 (Lower Division) + $5,796 (Upper Division) = $13,164
By using the calculator, the student can anticipate that their total estimated tuition for the academic term would be $13,164.
Most Common FAQs
To use the Calculator, simply visit the GVSU website and look for the calculator tool in the financial aid or admissions section.
The amount calculated by the Calculator represents an estimate of tuition costs. Keep in mind that there may be additional expenses, such as textbooks, housing, and personal expenses.
Yes, you can revisit the calculator and modify your input values at any time to get an updated estimate based on your new plan.