While a college's advertised \\"sticker price\\" reflects the full cost of tuition, fees, room, and board, it often misrepresents what most students pay.  Universities offer a variety of financial aid packages, including grants, scholarships, and work-study programs, which can significantly reduce the actual cost of attendance for many students. The net price is the actual cost that a student pays after accounting for financial aid, scholarships, and grants. It considers discounts and support that minimize the student's overall expenses. In essence, the net price is the amount you will have to pay out of pocket after accounting for all financial aid.