Understanding college costs and financial aid
How to evaluate the real cost of college and find aid opportunities.
Updated August 5, 2026 · 1 min read
Sticker price is not what most families pay. Understanding net cost, financial aid, and merit scholarships can change which schools are realistic options.
Key terms
There are a few key terms to understand. Cost of Attendance (COA) is the full sticker price including tuition, room, board, and fees. The Student Aid Index (SAI) is what the FAFSA formula produces to size your aid; it replaced the old Expected Family Contribution (EFC) in 2024-25, and despite the older name it was never a bill your family was expected to pay. Net Price is COA minus grants and scholarships, which is what you actually pay. The FAFSA is the federal form that unlocks need-based aid, and you should file it as early as possible.
Blueprint shows estimated net price for schools on your child's list when available. Use this to compare real costs across schools.