The Higher Education Opportunity Act of 2008 (HEOA) requires institutions to post a net price calculator (NPC) on their web sites by August 2011. The National Center for Education Statistics (NCES) is required to provide a template for this calculator by August 2009. The HEOA permits institutions to use the net price calculator developed by the NCES or to develop their own calculator — as long as this calculator includes “at a minimum the same data elements” found in the NCES calculator.

June 17, 2009