The document summarizes the requirements for colleges to provide a net price calculator on their websites as mandated by the Higher Education Opportunity Act. It discusses SUNY's plans to develop a calculator for its 64 campuses that will provide more accurate cost estimates than the basic federal calculator. It outlines the features of SUNY's calculator, including the inputs it will use, how it will estimate expected family contribution and financial aid amounts, and what information it will display in its outputs.

1. New Federal Mandate: Net Price Cost Calculator HEDW Regional Meeting – New York City August 23, 2009 Helen Ernst Assistant Director, Systems Development for Business Intelligence and Data Warehousing [email_address]

6. Federal Requirements

10. SUNY’s Calculator

17. Dependency Determination Dependent Student does not have dependent children Independent Student has dependent children Not married Independent Married Under 24 Independent 24 or older Derived Dependency Dependent Children? Marital Status? Age?

21. Parental Contribution Array 32734.5 > $100,000 19118.6 $90,001 - $100,000 15663.442 $80,001 - $90,000 12010.32 $70,001 - $80,000 8408.24 $60,001 - $70,000 5394.8 $50,001 - $60,000 3200.25 $40,001 - $50,000 1469.16 $30,001 - $40,000 0 $0 - $30,000 Parent Contribution Parent Income

22. Student Contribution Array 35430.4 57121.48 14750.5 > $50,000 23128.6 29775.94 5994 $30,001 - $50,000 18880.8 21919.59 1873.1 $10,001 - $30,000 14625.9 14094.53 638 $5,001 - $10,000 10888.9 6466.44 4 $1 - $5000 1158.1 24.36 0 $0 Independent Student Without Dependents Independent Student With Dependents Dependent Student Student Income Student Contribution

30. Thank you