Based on the Net price in the college published price, what is needed to subtract from a college’s cost of attendance to find the net price is gift aid and education tax benefits.
Net Price for Colleges is a term that is used to describe the estimate of how much individuals and their families will pay out of pocket for education expenses for one school year.
Generally, the term Net Price for College is calculated by taking the total cost of attendance such as tuition, room and board, and books, and deducting any grants and scholarships one is eligible for.
It is expected that individuals might decide to pay for what’s left through student loans, savings, summer jobs, or some other method.
Hence, in this case, it is concluded that the correct answer is by lessening the gift aid and education tax benefits from the college’s cost of attendance to get a net price for college.
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