Higher Education Consultants

TrueCost Calculator™

The fully customized online net price calculator

Federal law requires all colleges to display net price calculators on their Web sites. Furthermore, prospective students and families are increasingly sensitive on college price and want to use net price calculators to estimate their net cost of attendance quickly and accurately online.

The Noel-Levitz TrueCost Calculator is a fully customized net price calculator that meets all federal requirements while giving you a powerful online tool for student recruitment. With its customization for merit awards and incredibly easy-to-use interface, you can deliver highly accurate net price estimates to student in just minutes. 

See a walkthrough of the calculator

The TrueCost Calculator is a fully customizable online net cost calculator and can be completed by prospective students in just minutes

Download this overview of the TrueCost Calculator to see sample screens and learn how this net price calculator works. You'll learn details about the customization and see just how easy it is for students and parents to complete.

6 ways the TrueCost Calculator encourages prospective students to enroll at your institution

A growing number of colleges and universities—now more than 250—have turned to the TrueCost Calculator to advance their marketing, student recruitment, and financial aid programs. Here are 6 reasons why.

1) It’s easier for students to complete. Students and/or families receive their cost estimate in just a few minutes. Many other calculators are very complicated, even asking nearly all of the questions asked on the FAFSA.

2) It’s exceptionally accurate. Because it is highly customized to match the requirements of each college or university, the TrueCost Calculator delivers precise, accurate net cost estimates to prospective students and their families. The calculator exceeds all of the federal requirements.

3) Can be highly customized to your merit aid awards. The TrueCost Calculator can be customized to reflect awards based on major, student demographics, academic ability, and other campus-specific factors—something the federal calculator cannot do.

4) Comes in versions for specific student segments (See Examples). You can create two or more separate calculator versions for groups such as traditional-age first-year students, international students, students with military benefits, Spanish-speaking students, and more.

5) Includes custom marketing messages. Many calculators consist only of questions. In contrast, each page of the Noel-Levitz calculator includes a dynamic area where you can add messages and links to accent key points, connect students to counselors, offer encouragements to continue, and more.

6) Instantly matches students with scholarships (See Illustration). Many calculators require users to wait until the very end to see the results. In contrast, the TrueCost Calculator begins by matching students with scholarships in 30 seconds or less, then encourages students to continue for a complete estimate. This is important, because research shows that many prospective students are searching for scholarships.

More advantages of the Noel-Levitz calculator

Here are several more advantages of the TrueCost Calculator:

  • Allows selected ongoing modifications at no additional cost to the institution.
  • Improves regularly based on input and analytics from the community of campuses using the TrueCost Calculator.
  • Provides extensive reporting capabilities. In addition to giving students a quick and accurate estimate, the TrueCost Calculator delivers extensive data on what students enter. You can run reports and learn valuable information on the financial needs, academic profile, and other key indicators from students who complete estimates.
  • Gives you a dedicated team of a financial aid specialist and a tech specialist so that you can both implement the calculator easily and better understand the data you receive.
  • Built by financial aid and enrollment specialists from an enrollment management perspective to further improve your conversion and yield rates. Noel-Levitz has a long history of providing financial aid services to colleges and universities. We partner with more than 200 institutions annually in the strategic use of financial aid and more than 1,000 colleges and universities in all service areas.

Free demonstration

Contact Noel-Levitz for a free demonstration of the TrueCost Calculator. We can provide a link for a self-guided demo or schedule a guided demonstration of the calculator.

Free demonstration

Contact Noel-Levitz for a free demonstration of the TrueCost Calculator. We can provide a link for a self-guided demo or schedule a guided demonstration of the calculator.

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